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Personal Direct Deposit

When your employer sends your pay directly to your checking or savings account rather than issuing you a paper check, you're participating in Direct Deposit. These deposits arrive and are made available to you more quickly than paper checks, and can be automatically divided among different accounts based on your direction. You don't even have to go to your bank.

The benefits of Direct Deposit are many and varied, but for starters, they include the following:

Direct Deposit is simple.

  • Once you have signed up for Direct Deposit, you don't have to go to the bank to deposit checks.
  • Your money is automatically deposited into your account on time, every time - and you don't have to be at work - or even in town!

Direct Deposit is smart.

  • Direct Deposit gives you access to your money earlier than check deposits. There is no waiting for checks to clear.
  • Direct Deposit puts you in charge of your money.
  • With Direct Deposit, you decide how to divide your pay among your accounts and it will be done automatically.
  • Employers will issue a payment summary every deposit that will look much like your paycheck stub looks today. It will show your deductions for taxes, insurance, and other obligations, and will reflect the balance that was deposited into your account(s).

Sign up for direct deposit today.

Sign up for direct deposit today and if direct deposit is not offered by your employer ask them to start. Almost three-quarters of working Americans use Direct Deposit for their pay and ninety-seven percent of Direct Deposit users are very satisfied with it.

 
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