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| Direct Deposit - Frequently Asked Questions |
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What is Direct Deposit?
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Direct Deposit is the electronic transfer of your payroll payment into your checking or savings account.
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What are the advantages?
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Convenience: No more standing in lines to pick up your check or to deposit or cash it at the bank.
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Reliable: Your payment will be credited to your account on the payment date.
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Peace of Mind: Your check will be deposited to your account whether you are on vacation, traveling or ill on pay day.
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Safe and confidential: No paper check for you to misplace or for others to see.
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It's free!
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How will I know how much I earned and my deductions?
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You can conveniently view and print your earnings statement 1 ½ days before payday by logging into the Payroll website and selecting “My Earnings Statement”. You will be asked to sign in using your eRaider user name and password.
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You can elect to receive a web only statement, and a paper statement will no longer be sent to your campus address, thus improving confidentiality.
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Your statements will be viewable for 24 months.
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Note: You will NOT be able to view your statements after termination. Upon termination of employment, your eRaider will be inactivated.
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To receive a paper earnings statement for deposits made after your date of termination, log into “My Earnings Statements” and elect paper statements.
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This election must be made prior to termination and no later than the 5th of the month for a monthly check dated the first of the next month, and no later than two weeks before payday for a biweekly check.
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When will my direct deposit become effective?
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Monthly: If you are salaried, paid once a month, your pay day is the first working day of the following month.
Your completed authorization form must be returned to the payroll department by the first day of the month in order for your next check to be direct deposited into your account. For example, we must receive your completed authorization form by February 1st in order for your March 1st check to be direct deposited into your account. The same deadline applies for starting and cancelling direct deposit.
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Bi-weekly: If you are paid hourly, your payday is every other Wednesday.
Your completed authorization form must be returned to the payroll department by Monday of the week before pay day in order to have your next check direct deposited. For example, if you want your direct deposit effective Wednesday, July 1st, your form must be returned to the payroll department no later than Monday, June 22nd. The same deadline applies for starting and cancelling direct deposit.
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How can I be assured that my first check is deposited?
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It is recommended that you check with your bank to ensure that your first check is in your account before writing checks on the expected deposit. This will ensure there were no problems with your initial direct deposit set up.
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What if I change bank accounts?
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A revised Direct Deposit Authorization form needs to be completed following the instructions on the form and provided to the Payroll Department.
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If you already have direct deposit set up and are only changing the bank or account number your completed authorization form must be returned to the Payroll Department at least four (4) working days before payday in order for your next deposit to be redirected to your new account. This is not the same deadline that applies for starting or stopping direct deposit. That deadline is earlier.
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What if I want to discontinue direct deposit?
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A revised Direct Deposit Authorization form needs to be completed following the instructions on the form and provided to the Payroll Department.
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Monthly: If you are salaried, paid once a month, your pay day is the first working day of the following month.
Your completed authorization form must be returned to the payroll department by the first day of the month in order for your next check to be direct deposited into your account. For example, we must receive your completed authorization form by February 1st in order for your March 1st check to be direct deposited into your account. The same deadline applies for starting and cancelling direct deposit.
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Bi-weekly: If you are paid hourly, your payday is every other Wednesday.
Your completed authorization form must be returned to the payroll department by Monday the week before pay day in order to have your next check direct deposited. For example, if you want your direct deposit effective Wednesday, July 1st, your form must be returned to the payroll department no later than Monday, June 22nd. The same deadline applies for starting and cancelling direct deposit.
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