Deposit Express allows small businesses to scan and deposit checks to their U.S. Bank account from the convenience of their office, using a PC and a desktop scanner. With a few simple steps, small businesses can scan, balance and submit their deposits to the bank, without having to physically transport them to a branch. Small businesses using Deposit Express can also take advantage of later deposit deadlines, since deposits made by 10 p.m. Central time are credited on the same business day.

Small businesses that use Deposit Express say it saves them a considerable amount of time because they don't need to find a break in their day and leave the office to make deposits.

"What sets Deposit Express apart from other remote deposit products is its simple, streamlined interface that makes it a great fit for small businesses," said Jeff Parker, senior vice president for U.S. Bank's Small Business Segment. "Rather than relying on a 'one size fits all' approach, we've leveraged our technology and expertise behind our existing remote deposit products - which typically have been a better fit for larger businesses with more complex check processing needs - and we've designed a new solution that's more relevant for small businesses."

Another point of distinction for Deposit Express is its flexible terms. Unlike remote deposit products from many other providers, U.S. Bank's offering requires no minimum contract term or termination costs.

Deposit Express is currently available to existing U.S. Bank small business customers who meet qualification criteria.

The Deposit Express product leverages the foundation of U.S. Bank's On-Site Electronic Deposit, which was first introduced in 2004 to meet the more complex remote deposit processing needs of larger businesses.