Zelle & Real-Time Payments (RTP)
Zelle® (coming soon)
What it is
Zelle® is the national person‑to‑person (P2P) network that moves money in minutes using just an email address or U.S. mobile number. When Zelle launches inside It’s Me 247 Online & Mobile Banking, Thinkwise members will be able to send and receive payments right from their checking accounts.
How it works at Thinkwise CU
| Step | Sending money | Receiving money |
|---|---|---|
| 1 | Open It’s Me 247 or the Thinkwise mobile app and tap “Send Money with Zelle.” | Give the sender the email or mobile number you enrolled for Zelle. |
| 2 | Enroll (or transfer) your email/phone token the first time you use Zelle. | The sender’s financial institution routes the payment through the Zelle network. |
| 3 | Pick a contact, enter the amount, and hit Send. | The payment posts to your Thinkwise checking account—usually within seconds. |
| 4 | The recipient is notified and the money arrives almost instantly. | You get an in‑app alert and the funds are ready to spend 24 × 7 × 365. |
Real-life example
Smith owes his roommate $45 for utilities. At 9:17 PM he launches the Thinkwise app, selects “Angela” from his contacts, and presses Send. By 9:17 PM Angela’s phone buzzes with a confirmation and the $45 is available in her own bank account.
Why members will love it
Money moves in near‑real time—nights, weekends, and holidays.
No extra app, no fees, and no account numbers to share.
Already use Zelle elsewhere? Simply transfer your existing token to Thinkwise.
Heads‑up: Zelle will launch as soon as final testing is complete. Watch for announcements and in‑app prompts to enroll.
Zelle and Zelle‑related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
Real‑Time Payments (RTP®) – Receive‑only
What it is
RTP® from The Clearing House is the U.S. instant‑payment rail that clears and settles funds in seconds, 24 × 7 × 365. Thinkwise CU is enrolled as a receive‑only participant, so members can accept—but not yet send—RTP credits.
How incoming RTP works
A business, employer, or another financial institution sends an RTP credit using your routing and account number.
The Clearing House settles the payment instantly; settlement is final and irrevocable.
Thinkwise CU posts the funds to your account and notifies you right away—no batch files, no waiting.
Example
Your insurance company processes a $350 premium refund at 11:43 PM on a Saturday. Because it travels over the RTP network, the money appears in your checking account within seconds—ready for use before Monday morning.
Key benefits for members
Immediate availability, even on nights, weekends, and federal holidays.
Payments are final—no returns or holds.
Automatic posting means no “pending” status and no manual back‑office reconciliation.
Being “receive‑only” puts Thinkwise on the rail today and positions us for future outbound RTP and FedNow services.
What you can’t do (yet):
• Send outbound RTP payments
• Initiate Request‑for‑Payment (RFP) messages
No enrollment is required—anyone who knows your routing and account number can send you an RTP credit, up to network limits set by the sender’s institution (typically ≤ $100 K per transaction).
Questions? Contact us at myaccount@thinkwisecu.org or call 909‑882‑2911.