Direct deposit is safe, secure, and free
Direct Deposit is a convenient way to have your money deposited directly into your accounts. Instead of taking the time to deposit a check yourself, the money will automatically be deposited into your account on an agreed upon date. It’s that simple.
Direct Deposit can be used for:
- Payroll
- Social Security
- Benefit checks from federal or state government agencies
- Pension payments
- Tax refunds
- Investment income or any other payments sent electronically through the Automated Clearing House (ACH)
To enroll in direct deposit with your employer, you’ll just need a few things:
- Your Industrial Federal Credit Union account number, found in Digital Banking under Menu > Show Account Number
- Don’t forget! When setting up direct deposit, make sure to include your 3-digit account suffix at the end of your account number for the account you want the funds deposited into (e.g., 123456789030). This helps ensure your deposit goes to the right place!
- Industrial Federal Credit Union's Routing Number: 274974878
- A direct deposit authorization form from your employer
You can download a Direct Deposit Authorization Form for your employer using the link below. For more information or to sign up for Direct Deposit, stop by any IFCU Branch, call 765-771-8000.
Payroll Deduction
It’s the fast, painless way to save. Each payday, you can have a specified amount directly deposited into your IFCU checking or savings account for FREE. You have the option to distribute money among your various IFCU accounts. For more information talk to your company’s payroll department or call (765) 771-8000.