The Direct Deposit Agreement form is designed for users seeking to initiate electronic debit and credit transactions for payroll purposes with Navy Federal in Queens. This printable form allows individuals to authorize their employer to direct deposit funds into their bank account, ensuring timely and secure payment. Key features include sections for filling in personal and banking information, such as account and routing numbers, as well as a space for specifying the direct deposit amount per pay period. To complete the form, users must provide their name, signature, and Social Security number, and attach a voided personal check for verification. The form also outlines the conditions for cancellation, requiring written notice to both the bank and employer with a notice period of five business days. Attorneys, partners, owners, associates, paralegals, and legal assistants may find this form useful for facilitating employee payment processes, maintaining compliance with payroll practices, and ensuring that all transactions are well-documented. Overall, the Direct Deposit Agreement form serves as a straightforward tool for managing direct deposits efficiently.