What is payroll deduction?
Payroll deduction is convenient. It allows you the ability to have your gift deducted in small amounts from your paycheck each pay period. Through payroll deduction, you can afford to be more generous because it spreads your contribution out over a year’s time. Payroll deduction provides nonprofit charities with a steady income over the year. This is critical in planning and implementing successful programs and in providing assistance when and where needed.
Payroll deduction is a way to deposit a specific amount from your payroll check each pay period automatically into a specified savings or checking account. You can also use this method for loan payments. back to top How can I sign up for Direct Deposit? Complete a direct deposit form available at the credit union office or your payroll department. back to top How long does it take for Payroll Deduction? It normally takes Honda one or two pay periods to complete the set-up. back to top Can I cancel at anytime? How? Yes, you may cancel direct deposit and/or payroll deduction at anytime. Call or stop by one of our offices or your payroll department. This process is immediate so by the following payroll the cancellation will be in effect. back to top When is my direct deposit in my account? The greatest benefit of direct deposit is that funds are available the morning of payday without your having to come to the credit union office. back to top How long does it take for my Honda paycheck t
