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Alpha Cash Expands Its National Footprint: Extends Free Check Deposits for Millions of Households Through September 30, 2026
With check deposit capabilities now reaching across much of the U.S., Alpha Cash is positioned to serve millions of unbanked and underbanked households and is making check deposits free for every user through Sept. 30, 2026CORNELIUS, N.C., July 06, 2026 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), through its wholly owned subsidiary Alpha Modus Financial Services, LLC, announced today that check deposit is now available in 38 states, significantly extending the reach of its mob
About this update from Alpha Modus Holdings, Inc.
With check deposit capabilities now reaching across much of the U.S., Alpha Cash is positioned to serve millions of unbanked and underbanked households and is making check deposits free for every user through Sept. 30, 2026 CORNELIUS, N.C., July 06, 2026 (GLOBE NEWSWIRE) -- Alpha Modus Holdings, Inc. (NASDAQ: AMOD), through its wholly owned subsidiary Alpha Modus Financial Services, LLC, announced today that check deposit is now available in 38 states, significantly extending the reach of its mobile financial services platform, Alpha Cash, toward the tens of millions of American households that live outside the traditional banking system. To mark the expansion, the Company is making check deposits free for every Alpha Cash user through Sept. 30, 2026. The Alpha Cash app is available for iOS on the Apple Store and for Android on Google Play. The move caps one of the fastest rollouts in consumer fintech this year. In a matter of weeks, Alpha Cash grew from a handful of states to availability across the large majority of the United States. For consumers across 38 states, all of the features including check deposit and international money remittance are now within reach through the Alpha Cash mobile app and at kiosk locations. Per the 2023 FDIC report, an estimated 24.6 million U.S. households are unbanked or underbanked, including 5.6 million with no bank or credit union account and 19.0 million that hold an account yet still turn to nonbank services to manage everyday money. "There are tens of millions of Americans paying too much just to use money they have already earned, and until now most of them had a lack of options within reach," said William Alessi, Chief Executive Officer of Alpha Modus Holdings, Inc. "Taking Alpha Cash across the country changes that. Making check deposit free through September is our way of telling those families the door is open, and it costs nothing to walk through." Free check deposit through Sept. 30, 2026. Upon full account activation, every Alpha Cash user can deposit checks with no fee through the end of September 2026, on the mobile app and at participating kiosk locations. For a household without a traditional bank account, that means depositing a payroll or government check and putting the full amount to work with nothing skimmed off the top. Alpha Modus intends to continue expanding Alpha Cash and to bring additional p...
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