Direct Deposit
Most commonly used for payroll, Direct Deposit lets your employer electronically transfer money directly into your account. That way, you can spend less time depositing checks and more time doing the things you enjoy.
Why wait for what you’ve earned? Access your money sooner and enjoy more:
- Security
- Reliability
- Flexibility
- Confidentiality
Most commonly used for payroll, Direct Deposit lets your employer electronically transfer money directly into your account. That way,you can spend less time depositing checks and more time doing the things you enjoy. It’s that simple.
Is Direct Deposit just for payroll? Get paid – in more ways than one:
- Annuities
- Bonuses and Commissions
- Dividends and Interest Payments
- Pensions
- Travel Expense Reimbursements
- Social Security/Retirement Benefits
- Tax Refunds
Direct Deposit offers you many advantages over traditional check deposits, including:
SECURITY: With Direct Deposit, you don’t have to worry about lost, stolen, and misplaced checks.
RELIABILITY: You no longer need to wait for your check to arrive in the mail. You can have peace of mind knowing your money will be available when it’s expected.
FLEXIBILITY: Direct Deposit is often used to deposit money into a checking or savings account. If you decide to switch accounts, it’s easy to change your Direct Deposit arrangements—simply fill out a form and provide your written authorization and new account information to your payor.
To set up direct deposit, check with your employer, or payor. For a Bank of the Sierra Direct Deposit Form, click here.
