Direct Deposit

Direct deposit is the most convenient way to save systematically and to automatically make deposits and loan payments. With direct deposit, your funds will be conveniently deposited into your accounts automatically each pay period. Also, depending on employer availability, you can easily arrange to have your entire paycheck or a portion of your paycheck as well as recurring payments such as Social Security and pension checks deposited into the account of your choice. Every MAFCU member can enjoy the ease of depositing his or her entire paycheck, less normal deductions, directly into Credit Union accounts. Funds are available to you within 24 hours of the time you would normally receive your paycheck. Members who take advantage of direct deposit can earn more dividends. By automatically depositing your check on payday, your money is earning the maximum dividends from the time of deposit.