Payroll Deposits
Because Giving You Extra Advantages Matters
| Payroll Deposit is the fastest, safest way to deposit your full (or
partial) paycheque, pension, annuities, income tax refund or GST rebate.
And when you use Payroll Deposit with the credit union, you'll also
enjoy extra benefits like payment 2 days early (for Toronto Police
only). |
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With Payroll Deposit, you'll never have to worry about losing
a cheque, waiting in line, or not having your funds deposited
in your account while you're on vacation or leave. Plus,
if you do have an overdraft balance, Payroll Deposit automatically
reduces it, saving you money on interest costs.
Put your paycheque or pension where it matters
most. And take full advantage of everything your credit
union has to offer.
PAYROLL DEPOSIT BENEFITS AND FEATURES
- Fast and convenient! The best way to deposit regularly received funds
(i.e. full or partial paycheque, pension, annuities, income tax refund
or GST rebate)
- Deposits are recorded in your account immediately --- and two days before
your actual payday for Toronto Police
- Save on interest! Automatically reduces any overdraft balance upon deposit
saving you dollars in interest costs
- Saves time! No more waiting in lines
- Save money! Fewer trips to the credit union means less fuel costs
- Safe! No worries about lost or misplaced cheques
- No charge to transfer funds to other credit union accounts
- Deposits occur whether you're available or not, for example on vacation
or on leave
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