Banking
Why was my direct deposit canceled or returned?

Why was my direct deposit canceled or returned?

Seeing the word “Canceled” or "Returned" next to one of your deposits? It’s uncommon, but there are a few reasons why a deposit to your Found account may be canceled:

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*Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.

¹The Found Mastercard Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc.

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**Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.

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