Bank Deposits Continue to Face Delays in Processing

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Customers grapple with deposit delays at big banks. CHASE ,WELLS FARGO, B of A. What it means for you

Customers at several big banks on Friday wrestled with direct deposit delays stemming from an industry-wide processing issue.

There was a surge of “outages” reported by banking customers Friday morning, including Bank of America, Chase, Truist, U.S. Bank and Wells Fargo, according to Downdetector. But the site does not specify the nature of the complaints.

All Federal Reserve Financial Services are operating normally, according to a Federal Reserve statement released Friday.

h/t jlee2027

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