Frequently Asked Questions
Payroll Deduction FAQs
- How can I sign up for Payroll Deduction?
- What is the difference between Direct Deposit and Payroll Deduction?
- I want money to go to my different accounts or loans. How can I do this?
- How do I change or stop my payroll deduction?
- What is the difference between Payroll Deduction and Automatic Transfer Cycles?
To sign up for payroll deduction please contact your employer to find out if this service is available or call our Member Service Center. If your employer offers payroll deduction you will need to fill out our Payroll Deduction Form. This form can be completed at any branch or a Member Service Representative can help you over the telephone.
Once the form has been completed there might be a delay on the actual start date of the first deduction. This could be due to postal mail delays and/or the actual set up by your employer.
With direct deposit, your paycheck, retirement or government-issued check is electronically transferred and deposited into your credit union account every pay period. With payroll deduction, a pre-determined portion of your net pay is automatically deposited into your account(s) every pay period.
With payroll deduction and automatic transfer, you can allot various amounts of money to go to your accounts and sub-accounts, your spouse's or children's accounts or on your loan.
Allotments may be changed at any time.
In order to change or stop your deduction you must complete our Payroll Deduction Form. This form can be completed at any branch or a Member Service Representative can help you over the telephone.
With payroll deduction a portion of your net pay is deposited into your account(s) each pay period. Automatic transfer cycles transfer funds from a designated account(s) to other share and loan accounts on a pre-determined date each month.
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