Direct Deposit / Payroll Deduction
ProMedica Federal Credit Union provides you with the convenience of direct deposit and payroll deduction, features that save you time and provide other convenient benefits.
Direct Deposit
You can’t beat the convenience of direct deposit. You can have your payroll, pension, or other recurring checks electronically deposited into your credit union account. That means you won’t spend time waiting in line, and you’ll enjoy the safety and security of electronic deposit. We’ll divide the funds to various checking, loans, and savings accounts per your instructions. You can also arrange for payments to be automatically withdrawn for recurring monthly bills, such as auto insurance, mortgages, and utilities.
PLUS, switching your direct deposit and checking to your credit union account means you will receive extra benefits:
- Reduced loan rates
- Increased interest rates on specified savings products
- Free checks forever
- Free cashier's checks
Automatic Distributions
Automatic Distributions makes savings easy and is a foolproof way to increase your savings or make loan payments. Since your money is distributed automatically, you don’t even have to think about it. Simply tell us how much you want distributed for each pay period, and we will automatically apply it to a specified account or all of your accounts. You not only can deposit a portion of your paycheck to your regular savings account, but also can distribute to your Vacation Club Account, your Holiday Savings Account and to your loan payments. It is that easy!
