Easy, Secure and Sensible
Payroll deduction is the easy, painless way to pay yourself first and add regularly to your share account. And, you'll be surprised how quickly your savings add up! Money is deducted from your payroll check each payday in an amount specified by you. Your employer handles the transaction automatically and sends the money directly to the credit union to be deposited to your share savings account, Christmas Club account or IRA account. Loans are quickly and easily repaid through payroll deduction, too. At the time you receive your loan, simply authorize a payroll deduction plan and your payments will be made systematically each pay period, eliminating the worry of late payments. No matter where you are on payday, your money will be in your credit union account for you.
Benefits of Payroll Deduction:
- Save trips to your financial institution
- Save time - no more waiting in lines
- Eliminate the possibility of loss, theft and forgery
- Your money is deposited faster - reduces the possibility of overdrafts
- Your money gets deposited into your account, even if you're away from the office or on vacation
Complete a simple Direct Deposit form with your payroll department to get started!
PEPCO FCU's Routing & Transit Number: 254075111