Many of our Members have been using Zelle’s application to send and receive funds using their LBS Financial debit card. While LBS Financial does not offer Zelle within our Online and Mobile Banking today, the Zelle app allowed our Members to utilize the service as long as the person they were sending or receiving money with had Zelle with their financial institution.
Starting January 8, 2025, no new users will be able to use their app and existing users will lose the ability to send/receive Zelle transactions starting April 1, 2025. To continue using Zelle's services, they are requiring all users to enroll through a financial institution that offers Zelle in their online banking or mobile app.
We understand how important this service is to our Members who connect the Zelle app to their LBS Financial debit card, and we are actively working to add Zelle in our Online and Mobile Banking. We anticipate implementing Zelle in 2025, and will notify all Members once a target date is available.
