Get Your Refund Fast. And then, make it grow with Arkansas Federal!

Want the fastest way to get your tax refund? Then, have it directly deposited into your checking or savings account, and you could have your refund in just a few short weeks.1 Not only is it faster, but it's safer and can be a great way to save more, too—especially if you put it into a high-yield account such as Elite Checking from Arkansas Federal Credit Union where you can earn as high as 6.00% APYon your balance.  


It's easy. When filing your taxes, the IRS allows you to deposit your refund directly into up to three accounts, making it easy to divvy your potential refund between your checking, savings, or other deposit accounts. You'll need your routing and account numbers handy to set up a direct deposit for your refund. Make sure you enter the information carefully to avoid errors or delays.

Get your refund up to 3 weeks faster!1

According to the IRS, most tax refunds are issued in less than 21 days when taxpayers e-file and set up direct deposit. If you've already filed and are curious about the status, you can check on the IRS website as early as 24 hours after you've filed electronically.

Make it Grow

Sure, you can place your refund into your regular everyday checking account, but like we said earlier, why not make it grow by depositing it into a high-yield account such as Arkansas Federal Credit Union's Elite Checking. You can open an account online in minutes! The sooner you set up your account, the sooner you can start earning.

Don't stop at just your tax refund!

Get your paycheck early, too! Seriously. Arkansas Federal members with direct deposit get paid up to two days early with Early Pay.2 And it's not limited to just paychecks and tax refunds. This even works for social security, pensions, and veterans' benefits. It's a free service and easy to set up.


  1. According to, once IRS receives a correct return, most refunds are issued in less than 21 calendar days—sometimes sooner for those who file electronically and have direct deposit set up. Actual payment dates may vary and will take 4-6 weeks for those who file by paper. For details, visit
  2. APY is the Annual Percentage Yield. Elite Checking is a tiered rate variable product. The rate is effective as of 09/01/2023. To qualify for the 6.00% APY, member must have a monthly direct deposit of at least $1,000 going to their Elite Checking, be enrolled in eStatements, be in good standing, and complete 15 monthly transactions of at least $10 each by using their debit card tied to the account. The 15 required transactions must post to the account within the calendar month to receive earnings. 6.00% APY applies to balances up to $10,000.00. Balances $10,000.01 or more earn 0.05% APY. Fees could reduce earnings. A $15 monthly fee applies if the daily balance drops below $2,500.00. Only one Elite Checking or Premium Checking account per member is allowed. Offer and rate are subject to change. Exclusions may apply. Refer to rate sheet for full details. Membership with Arkansas Federal Credit Union is required.