Direct Deposit of Payroll and Government Checks

Direct deposit of your paycheck is the fastest, safest and most convenient way to get your wages into your checking or savings account. No more worrying about lost checks, waiting in line to make deposits, or delays if you are on vacation or out of town. Direct deposit puts your money to work faster too.

Direct deposit eliminates mail delays and is safer. Almost all mail theft takes place after mail is delivered and direct deposit erases this worry. Direct deposit can be used for your payroll checks, Social Security payments and other government checks.

Most employers make signing up for direct deposit of your payroll check easy. Speak with your payroll or human resources department. Usually with your financial institution account number, you can sign up in just a few minutes. For Social Security or other government payments, call the agency to get the form.

Saving time, putting your money to work faster, eliminating the risk of theft, or eliminating another "trip to the bank" will make your financial life easier.


This information has been provided by Financial Wisdom Marketing Services, Inc. and is for educational purposes only.  Content from Financial Wisdom and/or Redwood Credit Union is not, in any way, intended to provide legal, tax, or financial advice.