Direct Deposit & Payroll Deduction
What if there was a way to deposit your check each payday without making a trip to Arkansas Federal Credit Union? At Arkansas Federal, you can do just that. With Direct Deposit or Payroll Deduction, we have made depositing your money easier and more convenient than ever. Save time and money using Direct Deposit or Payroll Deduction to automatically deposit your money into your Arkansas Federal Credit Union accounts or make payments to your Arkansas Federal loans.
Direct Deposit
The ultimate time and money saver, Direct Deposit allows you to deposit your paycheck from your employer into your account…automatically. Because your check is electronically received on payday, not only are your funds immediately accessible, they will begin earning dividends instantly. It is a financial tool that takes the work and worry out of depositing your money—and puts your money to work for you faster.
With Direct Deposit, you never have to worry about loss or theft of your paper check, or rushing to make a deposit before Arkansas Federal closes. Instead, you will rest easy each payday knowing your funds have been safely deposited into your account and are ready for access.
What's more, Direct Deposit service is completely free, and you can choose to distribute your paycheck among a variety of Arkansas Federal accounts. With Member's Choice Direct Deposit at Arkansas Federal, you may choose to allocate a portion of your paycheck to savings, a portion to a loan payment, and the rest to your Fee-Free Checking Account*. It's up to you. Simply consult your payroll department to set up your Direct Deposit today!
Direct Deposit is available for nearly all types of recurring checks:
- Military (active and retired)
- Civil Service (active and retired)
- Social Security
- Other recurring federal checks
- State of Arkansas payroll checks
- Many company payroll checks
Payroll Deduction
Arkansas Federal gives you another FREE service with Payroll Deduction. Payroll Deduction is an easy, hassle-free way to build your savings or repay an Arkansas Federal loan.
Take advantage of Payroll Deduction to help grow your Share Savings Account* and secure your financial future. This service allows you to earmark for savings part of each paycheck—as little as $1.00 or as much as you would like. You will enjoy seeing measurable results in no time, and receive the satisfaction of knowing you are well on track to meet your long-term saving goals.
Loan Repayment
Payroll Deduction lets you allocate a portion of your check toward payment on any Arkansas Federal loan. Simply inform your payroll department how much you would like deducted from your paycheck. This way, you will be sure to keep your loan payments on schedule-without the hassle of writing and mailing a check.
How To Sign Up for Direct Deposit or Payroll Deduction
Any time you would like to sign-up for Direct Deposit or Payroll Deduction simply contact your payroll department for the appropriate forms, stop by any Arkansas Federal branch office and a Member Service Representative would be glad to help you, or you may click here to print a Payroll Authorization form. If you are unsure if Direct Deposit or Payroll Deduction is offered by your employer, ask your payroll department.
Routing & Transit Number — 282075028
The routing and transit number for Arkansas Federal is 282075028. This number uniquely identifies Arkansas Federal for electronic transfer of funds. Whether it is for Direct Deposit, Payroll Deduction, wire transfers, or tax refunds, Arkansas Federal's routing and transit number (282075028) and your seven digit member number will insure your funds are deposited into your Share Savings Account* at Arkansas Federal.
