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Direct Deposit
It's 3:00 p.m. on payday. Have you
deposited your paycheck?
Are you tired of being held hostage by your paycheck?
Are trips to your financial inistitution on your lunch hour something
you'd like to eliminate from your payday routine?
If so, Direct Deposit is your answer.
Direct Deposit is a program in which your pay is automatically deposited into your checking or savings accounts. You do not need to worry about finding time to deposit your check or making special arrangements for your paycheck when you are out of town or sick. With Direct Deposit, your money is in your account on payday.
Q.
IS DIRECT DEPOSIT A NEW CONCEPT?
A. No. Millions of employees nationwide enjoy the benefits
of Direct Deposit through their employers. In fact, our nation's
largest employee, the federal government, uses Direct Deposit as its
primary method of payroll.
Q. WHAT ARE SOME OF THE ADVANTAGES OF DIRECT
DEPOSIT?
A. Convenience is the most obvious benefit, however, added
interests earnings, safety and confidentiality are additional
advantages. Direct Deposit is the safest way to get your money into
your accounts without having to worry about lost, stolen or damaged
checks.
Q. HOW DOES DIRECT DEPOSIT WORK? IF I NO LONGER
GET A PAYCHECK HOW WILL I KNOW MY ACCOUNT HAS BEEN CREDITED?
A. There is still a record with Direct Deposit. We will
provide you with a pay stub documenting your gross and net pay along
with your state and federal withholdings and other deductions. In
addition, your monthly statement from your financial institution will
provide a record of the deposits made to your account.
Q. I CONSIDER MY PERSONAL BANKING TO BE
CONFIDENTIAL. WILL THIS BE COMPROMISED BY DIRECT DEPOSIT?
A. Absolutely not. Direct Deposit is one of the most
confidential methods of processing a paycheck. Checks processed via a
traditional payroll can pass through as many as twelve persons before
reaching your account. Direct Deposit practically eliminates this
problem.
Q.
HOW DO I SIGN UP?
A. Click here to obtain
information on signing up for Direct Deposit.
Q. CAN WE ANSWER ANY OTHER QUESTIONS YOU HAVE?
A. Please call the following office for additional
information:
