Direct Deposit
Direct Deposit is an electronic deposit of funds made directly into a bank account rather than through a paper check. Eight out of ten American workers choose to receive their paychecks this way. Direct Deposit is easy to set up and comes with many benefits.
Get Paid Faster
Direct Deposit often arrives in your checking account a day or two earlier than a paper check would be delivered. Plus, the funds are available for spending immediately, and there’s no need to deposit the check and wait for it to clear.
Automated Deposits
With Direct Deposit, funds are added to your account without any action required on your part. No need to spend your Friday lunch hour standing in line to deposit your paycheck. Even if you're you’re out of town or too busy to make it to a branch, your electronic payment will go through.
No Lost Mail or Paper
With electronic payments, you don’t need to keep track of printed checks or worry about your payment getting lost in the mail. Plus, everybody has a record of the payment, and it’s easy to see what happened in your checking account’s transaction history. You don’t need to manually write down details about a payment.
Better Security
With Direct Deposit, there's not paper check that someone could steal, alter or attempt to cash. The funds seamlessly transfer from one bank account to another.
