Direct Deposit and Direct Payment
Direct Deposit is a convenient, timesaving benefit offered to employees. With direct deposit, there’s no worry that your check might be lost before it is deposited or cashed at your bank. If you are not at work on payday, there’s no need to go to work in order to pick up your check or to wait for the mail for its delivery. Your money will be immediately available for use at the time of deposit.
To sign up for direct deposit, you will need to complete a Direct Deposit form. The form can be obtained from your payroll officer or download the form using the link found on the righthand side of this page. This form can be completed by your financial institution, or you may complete it yourself. The form is then given to your payroll officer, and direct deposit will begin within 1 to 2 paydays.
With direct deposit, you can have your paycheck deposited in any of the following ways:
100% of the net check to a savings account
100% of the net check to a checking account
A flat dollar amount to a savings account, with the remainder of the net check to a checking account, with both accounts at one bank
A flat dollar amount to a savings account at one bank, with the remainder of the net check going to a checking account at a different bank
When you complete your form, you will be asked for a series of numbers that identifies the accounts that you select your check to be deposited to. You can find the information requested for your checking account by looking at a check. The 9 digit number at the bottom left hand side of the check is your financial institution’s routing number. The next set of digits in this line of code should be your checking account number. See the example below: 
EFT Check Example In the example above, the routing number would be 012345678, and the account number would be 98765432. Be certain not to include your check number (501 in example), which usually follows the checking account number, in the account number you put on the form. Please be aware that deposit slips are not valid sources of routing and account information, as the information at the bottom of a deposit slip is coded to identify it as a deposit slip.
To complete the information for a savings account direct deposit, you will need to take your routing and account information from either a bank statement or verify the information with your bank. Again, savings deposit slips are not valid sources of routing and account information, as the information at the bottom of a deposit slip is coded to identify it as a deposit slip.
If you wish to stop a direct deposit, please give your payroll officer a week or more advance notice. Payroll is run a few days before payday, and if the direct deposit is in effect on the day payroll is run, the check will be direct deposited. Action can be taken to attempt to stop the funds from being sent direct deposit to your bank, but this involves various steps and can result in the delayed issuance of a “real” paper check.
If you need assistance to take advantage of this benefit, please contact your payroll officer.
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