Direct Deposit Adoption

Refreshed last 30 days · metric: Direct Deposit Adoption (new approvals)

Current

47.0%

Target 60.0%

Period avg

43.4%

min 36.8% · max 50.2%

vs Target

-13.0pp

Last 30 days

vs Benchmark

+5%

Above peer state avg.

30d trend

30 datapoints
D-29— target 60.0%D-0

Breakdowns

By entity type

  • LLC71.0%
  • Corporation64.0%
  • Sole Prop38.0%
  • NonProfit52.0%
  • Social Svc Provider46.0%

By region

  • Middle TN64.0%
  • East TN58.0%
  • West TN49.0%

Top contributors

  1. 1

    Top driver: AI Validation lane

    38% of cases pass first time

    +4pp
  2. 2

    Top blocker: TIN mismatch

    12% require RMI

    +1pp
  3. 3

    Bright spot: Direct deposit

    Adoption climbing

    +2pp

Narrative

Over the last 30d window, Direct Deposit Adoption (Direct Deposit Adoption (new approvals)) tracked at 47.0% against a target of 60.0%. Cumulative volume passed through below target on 17 of the days in the window. Variability stays inside acceptable noise bands; the auto-deflection rate and the dual-approval queue are the two largest contributors.