Can I choose direct deposit if I have a credit union or savings and loan branch account?
Yes, but some credit union or savings and loan routing numbers are not compatible with direct deposit. You may need to contact a representative from your credit union or savings and loan branch to request their American Banking Association number that allows for a successful direct-deposit transaction. You may also locate or confirm a compatible bank routing number by visiting the Federal Reserve E-Payment Routing Directory.
Related Questions
- If the Share Savings and/or Share Certificate Accounts that I wish to use for the Pledge Share Loan are a joint account, does the Pledge Share Loan need to be signed by both account owners?
- Can I choose direct deposit if I have a credit union or savings and loan branch account?
- Can I deposit a Foreign Currency / USD Cheque into my Savings/Current account?
