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Direct Deposit

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Direct Deposit

It’s FREE, fast, convenient and safe. Utilize direct deposit for your payroll, tax refunds, retirement pension and other social security benefits etc. and save yourself time by avoiding a trip to the branch. Plus, funds are immediately available after they are deposited to your account.

Advantages of Direct Deposit:

  • you can use it to receive recurring payments:
    • salary
    • tax refunds 
    • retirement pension and other social security benefits (NOTE: beginning with 2013, all Social Security benefits MUST be deposited directly to your account)
  • shorter wait period for the receipt of funds deposited directly to your account  
  • you save time by avoiding a trip to the branch 
  • funds are available immediately after they are deposited to your account

To activate Direct Deposit, fill out the Direct Deposit Activation Form and give it to your employer or any agency paying your benefits. To have your tax refund directly deposited to your account, check appropriate box and provide your account information on the tax return form 1040.

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