Direct Deposit is the electronic deposit of your paycheck, pension, annuities, dividends, Social Security benefits, expense reimbursements or other recurring payments into your checking or savings accounts.

Advantages:

• It's safe. There are no checks to be lost or stolen, and safeguards are in place to protect the transfer. You will still get a pay voucher from your employer for your records.
• It's quick. Your money is available for your use on the day of payment.
• It's convenient. Your money is available regardless of whether you're away from your home or office, or simply too busy to make a deposit in person. You can even have your direct deposit divided among several SCCU accounts.
• We’ll let you know when your deposit is received.  Simply set up a free Online Banking email alert.  Log on to Online Banking, click on the “Alerts” tab, and follow the onscreen instructions.

Employer Participation
Most area employers offer, or even require, Direct Deposit.   Your employer can require that you receive your pay via Direct Deposit, but cannot require you to use a particular financial institution.  Employers are NOT required to allow you to divide your paycheck among multiple accounts or financial institutions.

If you want to direct your paycheck to SCCU, ask your Human Resources department for directions.  Generally, you will have to complete a form that includes your name, SCCU’s Routing Number, and the electronic account number for your SCCU account.

SCCU’s Routing Number and your 13-digit electronic checking account number are printed along the bottom of your SCCU checks, or you may call the Member Service Center at (321) 752-2222 or (800) 447-7228, option 5.

You may also have payments deposited to any SCCU savings account; simply provide your account number, to your employer along with the SCCU routing number.

SCCU Routing Number:   263177903

Payroll Deduction
Payroll deduction – also known as Payroll Allocation - makes it easy to manage your budget.   Transfer money to your Savings, Christmas Club, My Way, or IRA Account; or make loan payments on payday, before you begin to use your cash. 

Ask your employer if you can direct your payroll deposit to go to multiple accounts.  If so, the Member Service Center or a branch can assist you in providing the information needed.      

If you cannot set up Payroll Deduction, you can easily distribute your Direct Deposit among your SCCU accounts using the transfer capability available in our FREE Online Banking service.   Transfer money yourself each payday, or set up automatic distributions. Call the Member Service Center if you need assistance getting started.