If your job offers direct deposit, you can set up your paycheck to automatically be posted to your account - no more paper checks and prepaid cards. You can also provide your account information to your utility company, cell phone provider, or other trusted vendor in order to set up bill payments.
Warning: Protect your personal information, such as account numbers and social security numbers, to avoid identity theft. Only provide this information to entities that you know and trust, through secure (encrypted) channels.
Or, if you are completing a form provided by your employer, here's the information you will need to provide.
If you receive other deposits, such as Social Security, retirement or pension checks, contact that group for instructions on changing the deposit to Cooperative Federal.
To pay a bill directly from your Cooperative Federal account, using a platform provided by the payee (for example, your cell phone provider’s payment portal), you will need to provide the following information.
Members who have direct deposit can receive a 0.25% discount on loan rates when they sign up for automatic loan payments, for as long as their direct deposit with automatic payment continues. Ask our Loan Department for more information about this discount.