When you sign up for Direct Deposit, any of your recurring
deposits can be made electronically into your checking, savings
or money market account. Recurring deposits can include your
paycheck, pension, Social Security and Supplemental Security
Income (SSI) benefits or monthly income from other sources.
Benefits of Direct Deposit
- Faster Access to your money - You get same-day access to
your deposit
- More Convenient - No more time wasting trips to the bank
to deposit your check
- More Reliable - Your check is automatically deposited even
if you're on vacation or out of town
- Less Worry- No more worrying about your checks getting
lost or stolen before you can deposit them
- More Flexible - Deposits can be made to one account or
split between several of your accounts
- Direct Deposit is free
To set up direct deposit of your paycheck just contact your
Payroll or Human Resources Department. For other types of recurring
deposits contact the entity that currently sends you a check
and tell them you would like to take advantage of Direct Deposit. |
