Direct Deposit

Direct deposit is an electronic method of transferring payments, such as your paycheck, directly into your bank account. Instead of receiving a paper check, the money is automatically deposited into your account on a scheduled date. This process is secure, efficient, and faster than traditional check payments, ensuring funds are available quickly. Employers, government agencies, and other entities use direct deposit because it reduces delays, minimizes the risk of lost or stolen checks, and offers convenience. Once set up, you don't need to take extra steps; the money simply appears in your account automatically.