Payroll Deduction
Payroll deduction allows members to have a portion of their payroll check deducted and sent to the Credit Union.
- Any amount can be withdrawn to make loan payments or deposits to Shares, Money Market Shares, IRAs or Checking accounts.
- Deductions can be divided among as many accounts as you wish.
- Loan payments made by payroll deduction are given the 1/2% discount rate.
- Payroll deduction is also a convenient way to start and maintain a savings program. Saving through payroll deduction is effective because you pay yourself first.
- Payroll deduction is only available for members whose payroll office supports the service.
