DIRECT DEPOSIT & PAYROLL DEDUCTION
SWITCH TO MERITRUST
& AUTOMATE YOUR FINANCES
WE'RE MAKING IT EASY TO MAKE THE MOVE.
It's time to let technology do the work for you. Gone are the days of needing to make weekly trips to deposit your money, or even move money into specific accounts. Meritrust's direct deposit and payroll deduction options are designed to make your life simple.
Direct Deposit
Direct Deposit is one of the easiest ways to get paid. Most employers offer a direct deposit program that allows your paycheck to go directly into your checking or savings account. Not only can you receive your paycheck via direct deposit, but other checks like social security, retirement, or other government payments.
FOLLOW THESE SIMPLE STEPS:
STEP 2
Once your Meritrust account is open, you'll want to update your direct deposit information with your employer so your paycheck is deposited into the correct place. Download the form below and turn it into your employer.
DOWNLOAD OUR DIRECT DEPOSIT FORM
STEP 3
Update your automatic payments to be deducted from your new Meritrust account. This might include rent, utilities, car payments, and other bills that are deducted on a recurring basis.
STEP 4
Before you close your previous account, make sure your paycheck is deposited into your new Meritrust account correctly and all automatic payments are withdrawn from your new account.
Why should you set up direct deposit?
Get paid faster.
Direct deposit is a fully automated transaction, which means you will have immediate access to your funds on payday. Better yet, if payday occurs over a holiday weekend, you may even receive those funds early.
Better money management.
Direct deposit provides peace-of-mind with predictable deposit dates. You can also divert specified amounts from each deposit into a savings account or to make a loan payment—all you have to do is tell us how much.
It's oh-so convenient.
Direct deposit is an easy and reliable way to have your money deposited directly into your account, and it comes without the hassle of paper checks or an extra trip to your nearest Meritrust branch. You can also review every transaction by using Call-24, online banking or mobile banking via the Meritrust mobile app.
Do you know about Payroll Deduction?
Make paying yourself your first priority. Reach your saving goals faster by utilizing our payroll deduction software, which can seamlessly move money into saving accounts, retirement accounts, IRA, or other accounts. You're in complete control—just let us know how much to allocate to each account, and we will do the rest!
