Payroll Deduction Plan
Pay Yourself First!
- Start your payroll deductions in any amount, into the Savings Account of your choice.
- You may increase deductions whenever you desire by sending us a written request.
Payroll deductions can be made:
ONCE A MONTH or EVERY PAYCHECK
Direct Deposit
- This service eliminates standing in line waiting to cash your check.
- You still receive a pay stub showing all deductions and -accumulated time.
- When you elect to have Direct Deposit,* your net pay is available for your use on your normal payday.
- Your check can be directly deposited into your savings or checking account.
- If your Payroll Department does not provide for Direct Deposit, give us a call at 800-228-6420.
- Commonwealth CU can also receive federal Direct Deposit from Social Security, military and any federal government employer who provides this service to its employees.
