Direct Deposit & Payroll Deduction

No need to drive to the credit union to make a deposit. Conveniently deposit part or all of your paycheck into your accounts with direct deposit or payroll deduction.

Deposit your entire paycheck with direct deposit.

Why deposit your paycheck in person when you don’t have to? With direct deposit, your entire net pay is automatically deposited into your Central Credit Union Of Illinois account each payday, and is available for use that same day.

 

Conveniently grow your savings with payroll deduction.

If you’re looking for an easy way to save, sign up for payroll deduction. With payroll deduction, a portion of each paycheck is deposited into one or more of your accounts. Changes to your payroll deduction amount or the distribution of your funds can be changed as frequently as your employer will allow.

 

To begin direct deposit or payroll deduction, you must complete a Direct Deposit/Payroll Deduction Authorization Form. Click here to request a form.

To sign up for direct deposit, write “net pay” where the form asks for the amount of your deduction. If you want payroll deduction, simply list the amount you want deducted from each paycheck and the accounts to which you want the money deposited. If you would like to open accounts other than a Share Account and have funds deposited into them through direct deposit or payroll deduction, you’ll need to complete separate applications to open those accounts. Return the top part of the Direct Deposit/Payroll Deduction Authorization Form to your employer and the bottom part to the credit union. Please also check with your employer to see if your employer needs you to complete any additional forms to begin this process.