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Payroll Direct Deposit Alternatives Expanded

Need to have your pay directly deposited into more than one institution?

 

In the past, employees have been restricted to a primary account at an institution of their choice and

the Denver Public Schools Credit Union (DPSCU).  Now, if you choose to have two accounts you may choose any two institutions of your choice.

 

With the expansion of the payroll direct deposit system, employees will be able to have their pay automatically deposited into as  many as three bank accounts, at three different financial institutions

(two of your choice and the third one DPSCU if you choose a third institution).

 

One of your choices should be designated as your primary account.

 

Example: Primary Account-----Wells Fargo

                     Other-------------------U S Bank

                     Other-------------------DPSCU

 

Example:  Primary Account-----DPSCU

                      Other-------------------Commercial Federal

                      Other--------------------Public Service Credit Union                

 

The employee must have made arrangements with the other banks, so that when the funds are received they know where they are to be applied. (The Disbursing Office will send only a flat amount to the other two banks).

 

Sign up now by filling out an “authorization for direct deposit” form by clicking on this link: .Want Direct Deposit?

 

Direct any questions you may have to the Disbursing Office at (720) 423-3715.

 


Last update: Monday, November 14, 2005 at 9:13:09 AM.