Get Payroll Deduction Direct Deposit Authorization - Compass Financial ...

Completing the Payroll Deduction Direct Deposit Authorization form is an important step for ensuring your salary is deposited directly into your chosen account. This guide will walk you through each section of the form to make the process straightforward and user-friendly.

Follow the steps to successfully complete the form.

1. Press the ‘Get Form’ button to access the Payroll Deduction Direct Deposit Authorization form. This will allow you to open the document in your preferred editing platform.
2. Fill in the 'Member No.' field if this is your initial authorization, or indicate a 'Change in Authorization' if applicable. Ensure your information is accurate to avoid any processing delays.
3. Provide your full name in the 'Member' field and include your Social Security Number (SSN) or Tax Identification Number (TIN) in the corresponding field.
4. Enter your employer's name, your home phone, and work phone number. This information is crucial for communication should there be any questions regarding your authorization.
5. In the 'Deposit Amount' section, specify the amount to be deducted from your salary for the payroll period. Make sure this aligns with your financial plan.
6. Select the preferred payroll period from the options given: Weekly, Monthly, Biweekly, or Semi-Monthly. This determines how often your deductions will occur.
7. Fill in the 'Credit Union R/T No.' field, which is the routing number for the credit union you are depositing into.
8. Indicate whether the funds should be deposited into a Savings or Checking account by marking the appropriate box.
9. Fill in the 'Effective Date' to indicate when you want the new deductions to begin.
10. Sign the form to authorize transactions outlined. Your signature confirms your instructions regarding payroll deductions.
11. Review all entered information to ensure accuracy and completeness before making any final decisions.
12. After filling out the form, save the changes, and if necessary, download, print, or share the completed authorization as needed for your records.

Complete your Payroll Deduction Direct Deposit Authorization online today to ensure your funds are managed efficiently.