Direct deposit switch for credit unions
Pave your way to member primacy
Help your members choose your credit union as their PFI
Prisma’s Direct Deposit Switch (DDS) is a seamless solution that allows members to quickly and easily transfer their direct deposits from other financial institutions with just a couple of clicks, in real-time with no paperwork.
With large banks holding 63% of PFI relationships, Prisma’s DDS keeps credit unions competitive by boosting direct deposit enrollment.
Key features
Frictionless experience
Members switch their direct deposits digitally by securely logging in to their payroll provider via your app or website.
Automation & simplicity
Updates are completed in real-time, with members receiving paychecks almost instantly.
Wide payroll coverage
MCovers 450+ payroll providers, including gig platforms and government systems, ensuring 75% of U.S. workers are supported.
Benefits
Boost direct deposit acquisition by 3-4x
Increase member engagement and account ussage
Reduce call center workload, lowering operational costs
Highest security standards to protect member data
How it works
Why choose Prisma's DDS?
Real-time efficiency
without the need to wait 1-2 pay cycles
Scalable and affordable efficiency
for credit unions of all sizes
End-to-end management
if needed, easing the load on your team
Find out more and see what Prisma can do for you
15%
conversion rates
$186M
in deposits in 3 waves
500%
engagement increased
6x
increase in HELOC sales
2x
email open rate
3x
sustained increase in short-term loans
87%
faster post-campaign processing
What customers are saying
“Our automated marketing emails have increased our memberships! And we love the ease of creating and sending member emails.”
Hilary Kissell
Director of marketing and community Development
Embold Credit Union
“Prisma boasts an exceptional level of user-friendliness, making it highly intuitive and easy to navigate”
Kelly Wagner-Grull, MBA
Director of Member Experience, Innovation and Digital Services
Credit Union of Colorado
“I love the analytics, the easy-to-use email build-out, and the integration with other platforms.”
Matt Sirgo
Digital Marketing Manager
Air Force Federal Credit Union
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