Direct Deposit is the FREE, convenient, safe and reliable way to deposit your paycheck and manage your money!
Income received from your employer, Social Security, pension and retirement plans, the Armed Forces, VA Benefits, and annuity or dividend payments may all qualify for Direct Deposit.
|Save time by eliminating trips to the bank to deposit your paycheck.|
|No need to worry about lost or stolen checks.|
|No more waiting. Get same-day access to your deposits, automatically.|
To benefit from Direct Deposit, follow these steps:
- Ask your employer or payer if they offer Direct Deposit.
- Download the Direct Deposit Request Form (.PDF)* and submit completed form to your payroll department (they may need a voided check).
- Your first Direct Deposit will be deposited into your account in about four weeks.
Make loan payments automatically, make deposits to your savings accounts, build your IRA.
All with Payroll Deduction.
Whether it’s your auto loan, Home Equity Loan, Personal Loan, or any other credit union loan, paying is easy. Simply designate the amounts of monthly payments that you want deducted from your directly deposited paycheck, and your payments are made. No late charges. No running to the mail box. No hassle.
Guarantee “no excuses” savings, too.
Deposits can be made to savings accounts and club accounts automatically with this service. Your funds may be deposited to one account or portions allocated to several accounts. Some members establish accounts for their children and allocate some portion of their payroll deduction to those accounts. You may have your net pay or any part of it deposited with the credit union.
And your IRA financial planning is easier with the automatic Payroll Deduction option at Greater Metro FCU.
For a really convenient money management team, combine Payroll Deduction with Direct Deposit and Share Draft/Checking.
For more information on this convenient, FREE service from your credit union, call us or visit us.
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