Direct Deposit

Direct Deposit allows you to replace the paper checks you receive from your employer or other source with an electronic payment deposited directly into your ABCO FCU account. Your employer will provide a statement on payday showing your net deposit and how much was withheld for taxes, company savings plans or anything else.

Direct Deposit takes the worry out of:

  • Delayed deposits - your funds are deposited on time, every time – even if you’re not at work or can't make it to ABCO FCU during business hours

  • Stolen or misplaced checks

  • Losing potential dividends - you start earning dividends the minute your pay is deposited into your account

  • Forfeiting lunch or after-work hours to wait in line to deposit your paycheck

Sign up today!

It couldn't be easier. Simply fill out our payroll deduction form, return it to us, and we'll mail it to your employer. All you need is your ABCO FCU account number and ABCO FCU’s ABA/Routing Number (231278274), or contact your Human Resources department and request Direct Deposit. Direct Deposit of your check will usually start within 14 days.

Questions

How long does direct deposit take when it’s a holiday or on a Friday?
ABCO posts direct deposit for the effective date of the item. Generally employers will send direct deposit a day early with an earlier effective date when a holiday falls on a weekday. Please refer to your employer’s processing for confirmation.