Direct Deposit

Direct Deposit = Safety and Convenience

Pay Yourself First!

Direct Deposit allows you to have payroll checks and government checks wired directly into your SharePlus account!  Your money will be available and may earn interest immediately (if your Direct Deposit goes to an interest bearing account).  Plus there’s no waiting for checks to clear.  You may also qualify for a .25% APR reduction on select loans when you sign up for Direct Deposit.

Direct Deposit Eliminates The Risk And Assures Your Funds’ Safety.

The Treasury Department reports that more than four million paychecks, and more than a million Social Security and government pension checks are lost, stolen or late every year.  More than 39 million Social Security recipients use Direct Deposit each year and not one of the payments has ever been lost.

Direct Deposit Saves Your Valuable Time, Helps You Save, and Make Automatic Loan Payments!

• Direct Deposit allows you to set up automatic transfers from your primary account to other accounts like another checking account, a savings account or to make a loan payment.* 
• Setting up an automatic transfer to your savings account allows you to pay yourself first easily and regularly.  Watch how fast your savings can grow!
• And the convenience of Direct Deposit means you don’t have to spend your valuable time going to the bank! 

* Please note that when you set up automatic transfers or payments from your account, they will continue automatically, regardless of whether you get paid or not.  Therefore, if you change jobs or your payroll is going to be late from your employer for any reason, you will need to be sure you have adequate cash in your account to cover your automatic transfers.

For more information and to sign up for Direct Deposit, visit your local branch or call the Customer Service Center at 1-800-35BUCKS (1-800-352-8257).