Originally Posted by
winterpeas
Did two lmcu wm mg deposits.
Wiki said large volume will lead to shutdown.
Meaning unable to do mobile deposit or checking account shutdown?
Large volume is around how much?
Originally Posted by
ChrisFlyer66
It means your checking account will get shut down. Unfortunately, it is not easy to answer what is a "large volume". It depends on what bank among other factors.
My personal DP, I've done about 10k since Jan and about 13k in Q4, with similar patterns over the past two years, no issues.
FWIW other than $.50 amazon loads, I use my LMCU account exclusively for MO deposits and to earn a little interest on float. I guess maybe actually keeping 4 figures on balance most of the time helps?
Obviously everyone's definition of "large" is different, but it seems like LMCU should be on the "yes" list, not on the "no" list.