It's always good to weigh your options. On one hand, you could sign up for direct deposit one time. Or you could make extra trips to the credit union every single paycheck for years to come before you can even use your money.
With direct deposit, your paycheck is automatically deposited into your account. The funds are available for use sooner and you've saved yourself from running another errand.
Summary
- Save time, gas, and paper
- Funds are available faster
- Eliminate unnecessary trips to credit union
- Establish automatic loan payments
- Set up automatic savings deposits
If your employer offers direct deposit, they will need our routing number: 303184542.
Payroll Education
If your employer offers direct deposit, you can go a step further to simplify your finances. Elect to have loan payments automatically deducted from your paycheck. Or make savings easier by having a pre-set amount automatically deposited into your savings account or IRA.
Automatic Payment
Even if your employer does not offer direct deposit (or if you are self-employed), you can still set up automatic payments for your loan payment. You can establish automatic deductions from your checking or savings account. You can also set up automatic transfers to savings or IRA accounts to make saving easier.