All advances taken are set up for automatic repayment. However, the payback method used for the repayment can vary depending on your employer/payer.
Here are the different methods of repayment:
- Branch pulls back the funds after your direct deposit posts to your Branch Wallet.
- Funds are deducted by your organization’s payroll team directly from your paycheck.
Important to Note:
- Branch is unable to make any edits to your repayment method as this feature is set by your employer/payer.
- We are not able to manually process early paybacks at this time.
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Branch is not a bank. Banking services are provided by Lead Bank, Member FDIC and Evolve Bank & Trust, Member FDIC, which are Branch’s bank partners. The name of the bank partner for your account is listed on the back of your debit card and can also be found in the Branch App under “Your Account Information”. FDIC insurance only applies to eligible accounts should the bank holding your funds fail. Branch Mastercard Debit Cards are issued by Evolve Bank & Trust or Lead Bank, Member FDIC, as applicable, pursuant to a license from Mastercard and may be used everywhere Mastercard debit cards are accepted.