Employee Direct Deposit Authorization Agreement Template (Page 2 of 2) in pdf

Employee’s Guide to Direct Deposit

If you’re not DIRECT DEPOSITING your paycheck—

you’re wasting your time!

Are you spending your entire lunch break rushing to and from the bank?

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Do you lose time at work because you’re stuck in the teller line?

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Do you have trouble getting to the bank on payday?

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Are you tired of finding little pieces of your check floating around in the dryer?

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Stop being held hostage by your paycheck--

DIRECT DEPOSIT is the answer for you!

Direct Deposit is a safe and secure banking procedure in which your paycheck is automatically deposited into your

checking or savings account.

With Direct Deposit, your money is in your bank account on payday…automatically.

Is DIRECT DEPOSIT new?

No, Millions of employees across the country use Direct Deposit and they love it.

In fact, our nation’s largest employer, the federal government, uses Direct Deposit as its primary method of

payroll.

What are some of the advantages of DIRECT DEPOSIT?

The primary benefit is the convenience of not having to go to the bank.

Direct Deposit is also the safest way to get your money into your account – no worries about your check being

lost, stolen or damaged.

You can even deposit into several bank accounts automatically, if you like!

How does DIRECT DEPOSIT work? If I no longer get a paycheck, how will I know when

I’ve gotten paid?

With Direct Deposit you will still get a pay stub showing your earnings, deductions, tax withholdings and net pay.

In addition, your monthly bank statement will show you the actual deposit made to your account.

How much I get paid is personal information. Will this still be confidential?

Absolutely! Direct Deposit is one of the most confidential ways of processing a paycheck. Live checks can pass

through as many as twelve people before reaching your account. Direct Deposit practically eliminates this

problem.

DIRECT DEPOSIT makes sense to me! How do I enroll?

Just fill out the information on the reverse side and submit it to your payroll department. They will help you get

started with Direct Deposit.

09/2010

Employee Direct Deposit Authorization Agreement Template Page 2