Payroll deduction is the easiest way to save or pay on a loan. All payroll deduction authorizations should originate in the Credit Union office or with a Credit Union representative. A new payroll deduction card must be completed to make any changes or stop a deduction. If a loan, with payroll deduction, is paid off the funds will automatically be put into the member’s share account, unless notified.
Payroll deductions may be distributed to shares, loans, and other family member’s accounts.
Payroll deduction eliminates writing a monthly check, saves postage, and avoids late payments. Check with your employer to see if they have Payroll Deduction available.