Are you enrolled in Direct Deposit? If not, you should be! Here are five reasons to choose Direct Deposit:
Funds are Available Quicker
With Direct Deposit, your funds are immediately deposited into your bank account. This eliminates the time-consuming routine of picking up a physical check, making time to deposit it in person, and waiting for it to clear. Save time, get your funds faster.
It’s Easy
In short, Direct Deposit is easy, but the easiest part is setting it up. All you have to do is fill out a direct deposit form with the proper information, including the Credit Union’s mailing address, routing number, and your Credit Union account number. Take this form to your local branch, and you’re good to go!
It’s Free
There isn’t much in life better than hearing the word “free!” Well, direct deposit is free. It costs absolutely nothing to set up, and there are no fees associated with it for depositing or withdrawing! Sounds pretty great, right?
You Can Increase Safety AND Security
By receiving a physical check, you risk losing it or having it stolen. With Direct Deposit, chances are eliminated because funds are deposited right into your account.
It’s Confidential
Direct Deposit is between you and your employer. There aren’t any middlemen in the process; therefore, your financial information stays strictly between the two of you. Direct Deposit is a great way to make sure no one has access to your financial information except those directly involved!
