Members 1st Federal Credit Union - Direct Deposit
Direct Deposit
Direct Deposit is the electronic transfer of your paycheck, Social Security
benefit, pension, annuity check, or other payment into your account. Your entire paycheck
can be automatically credited toward any combination of your Members 1st accounts each pay period.
Direct Deposit increases the safety and convenience of processing your check, eliminates
waiting in payday lines, and makes your funds instantly available. With Direct Deposit, your
money is protected. Government agencies have rules in place to protect you in case of error.
Direct Deposit is also more confidential because fewer people are involved in processing your payment.
Setting up direct deposit to your Members 1st account is easy! Our list of FAQ's
below will help you get started.
FAQ's for Direct Deposit:
How do I sign up for direct deposit?TOP OF PAGE
Notify your employer that you would like to enroll for direct deposit. The easiest
and most convenient way to notify your employer is to complete our
Direct Deposit Request Form.
For federal recurring payments, complete form 1099. Federal and state government agencies
require that their form be completed.
What information will my employer need?TOP OF PAGE
They will need the ABA or routing number for Members 1st. That number is
231382241. Your employer will also need your account number. For direct deposit, please
use your account number as it appears on your statement followed by 000. For
example, if your account number is 999999 then
instruct your employer to deposit the funds to 999999000.
Our Direct Deposit Request Form
is the easiest and and most convenient way to notify your employer of this information.
How will my direct deposit be posted?TOP OF PAGE
All credits (payrolls) are posted to the regular savings account.
How do I get funds from my direct deposit to post to my checking account or another share or loan?TOP OF PAGE
You will need to complete an auto transfer form with all of the transfers you would like to occur.
The transfers can be done to coincide with your payrolls and will transfer as part of the payroll posting.
How does Members 1st determine the date my payroll will be posted?TOP OF PAGE
Your employer determines the payroll posting date. The posting date appears on your paystub.
For more information please contact:TOP OF PAGE
TeleBranch |
(717) 795-6049 or (800) 237-7288
accountinquiries@members1st.org
|
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TeleBranch Hours |
| Monday - Wednesday |
7:30 am - 5 pm |
| Thursday |
7:30 am - 6 pm |
| Friday |
7:30 am - 7 pm |
| Saturday |
8:30 am - 2 pm |
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