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This document is intended for staff who wish to set up direct deposit for their paycheck to Premier Credit Union, providing the necessary account and member information along with deposit instructions.
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How to fill out direct deposit form

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How to fill out Direct Deposit Form

01
Obtain the Direct Deposit Form from your employer or financial institution.
02
Fill in your personal information, including your name, address, and phone number.
03
Provide your bank account information, including the account number and routing number.
04
Indicate the type of account (checking or savings).
05
Specify the amount to be deposited, if only a portion of your funds will be directly deposited.
06
Sign and date the form to authorize the direct deposit.
07
Submit the completed form to your employer or bank as instructed.

Who needs Direct Deposit Form?

01
Employees receiving wages or salaries.
02
Individuals receiving government benefits, such as Social Security or unemployment.
03
Persons who receive regular payments from other sources, like pensions or investment distributions.
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I hereby voluntarily authorize the Company named above (hereafter “Employer”), either directly or through its payroll service provider, to deposit any amounts owed me, by initiating credit entries to my account (s) at the financial institution (s) of my choice (hereinafter “Bank”) indicated on this form.
I hereby voluntarily authorize the Company named above (hereafter “Employer”), either directly or through its payroll service provider, to deposit any amounts owed me, by initiating credit entries to my account (s) at the financial institution (s) of my choice (hereinafter “Bank”) indicated on this form.
To whom it may concern: I am writing to request direct deposit of my paycheck into my account at Commerce Bank. Enclosed is a completed Direct Deposit Authorization form, which includes the required bank account information as well as my contact information. A voided check is also enclosed.
To whom it may concern: I am writing to request direct deposit of my paycheck into my account at Commerce Bank. Enclosed is a completed Direct Deposit Authorization form, which includes the required bank account information as well as my contact information. A voided check is also enclosed.

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A Direct Deposit Form is a document that authorizes an employer or financial institution to deposit funds directly into a bank account instead of issuing a physical check.
Employees receiving payroll payments, government benefit recipients, and individuals receiving any regular payments through direct deposit are typically required to file a Direct Deposit Form.
To fill out a Direct Deposit Form, provide your bank account information, including the account number, routing number, and the type of account (checking or savings), along with your personal identification details.
The purpose of the Direct Deposit Form is to ensure that payments such as salaries, benefits, or refunds are deposited directly into an individual's bank account, facilitating faster and more secure transactions.
The information required on a Direct Deposit Form typically includes the recipient's name, bank account number, routing number, account type, and personal identification information like Social Security Number.
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