Direct Deposit Questions and Answers
1. Why should I use Direct Deposit?
- Safe – Your paycheck is protected against loss or theft.
- Worry-free – Now you can be assured that your check is deposited, even when you're away from home.
- Saves time – You no longer have to make special trips to the credit union or stand in long lines on payday.
- Convenient – No more waiting for the mailman. Your deposits will be made for you automatically, allowing you to set your own timetable for getting cash.
2. How do I apply?
- Our Member Service Representatives have all the necessary forms. If you wish, they will be happy to fill them in for you. All you have to do is tell them how you want your money distributed and sign your name. CVFCU will take care of everything else.
3. How will I be able to keep track of my money?
- Your check stub from your paycheck is your permanent record. Or with Audio Response you can check your balance at any time.
4. Is there a charge for this service?
- This service is free to all participating CVFCU members.