AUTOMATIC TRANSACTIONS

All of us lead hectic lives, therefore, any service that would make our financial tasks easier would be more than welcome.  Your credit union offers a variety of automated transactions that will do just that.

Do you want to deposit $25.00 from each of your paychecks into a Christmas Savings Account?  Then payroll deduction is the service for you.

Would you like to have your entire paycheck deposited into your Checking or Savings Account?  Try direct deposit.

Are you tired of writing checks every month to pay your insurance and utility bills?  ACH Withdrawals (direct debits) from your checking account will solve your problems.

Do you need funds transfered from your account at the credit union to your daughter's account in another city or vice versa? We offer Wire Transfers.

PAYROLL DEDUCTIONS

Most of the companies affiliated with our credit union offer a payroll deduction plan.  All or part of your paycheck can be sent to the credit union via payroll deduction and we will automatically distribute your funds however you choose.

For example, you can choose to have $500.00 sent from each paycheck with $100.00 distributed to your mortgage loan, $75.00 distributed to your vehicle loan, $25.00 distributed to your Christmas Savings, $50.00 distributed to your Vacation Savings, and the balance of $250.00 distributed to your checking account.  We can even make distributions to your children's accounts! How do you start taking advantage of this great service? First, contact your employer to find out if they offer payroll deduction to our credit union.  Second, stop into one of our offices and complete a payroll deduction authorization. 

 

DIRECT DEPOSIT

Most employers and government agencies offer, in fact, prefer, direct deposit of your paycheck, Social Security benefits, pension funds, etc. into a savings or checking account. The greatest convenience of direct deposit is that your funds are deposited overnight and are available for your use first thing in the morning.  There is no need to stand in line at the credit union with your paycheck in hand, waiting to make a deposit into your checking account.  The funds are already there and you can begin to write checks immediately.

USSCO has put together a package of services for those employees who have direct deposit of their paychecks, which are listed below:

BENEFITS OF DIRECT DEPOSIT SELECT

Checking
No monthly fees
No minimum balance
No per check fee
Receive your first box of checks free
You will receive a monthly statement showing all transactions in your account.
Free Overdraft Protection * - Overdraft protection will automatically transfer funds from your savings account, if you accidentally overdraw your checking account. 

   *To sign up is free. If the service is used a $1.00 automatic transfer fee is charged. If you do not have overdraft protection, the cost is $5.00 per transfer. If overdraft is used more than 5 times per month there is a $5.00 fee.

M.A.I.D - Member Account Information Directory
Using a touch tone phone you have immediate access to your account information to verify balances, see what checks have cleared your account, transfer funds and much more.

Unlimited Automatic Transfers
Make arrangements to have automatic deposits made to your Savings, Christmas or Vacation Clubs, Individual Retirement Account, or Bond-a-Month Account. Cross account transfers are also possible. Conveniently transfer into your children’s savings accounts.

Unlimited Payment Transfers
Arrange to have all your USSCO loan payments automatically transferred from your Savings or Checking account.

Discount Personal Signature Loans
Receive a .50% discount on your next Personal Signature Loan plus have the convenience of automatic loan payments.

VISA Check Card
Have access to your money 24 hours a day seven days a week at any machine that displays a STAR, PLUS, VISA or  HONOR logo.  Free transactions at any USSCO or CU$ ATM location. Use the check card instead of writing a check from your checking account at any merchant who accepts Visa.

If you would like to have your paycheck direct deposited into your account, first, contact your employer's payroll department to find out if they offer direct deposit to our credit union.  If so, they should have a form for you to complete which will ask for our Routing/Transit number, your account number, and a box for you to indicate whether you want to direct deposit into a checking account or a savings account. 

If you currently receive a check for your Social Security or retirement benefits and would like to begin direct deposit, please contact the Social Security Administration or the company who handles your pension fund.  They will need the following information.

USSCO Federal Credit Union's
Routing/Transit Number: 
231381569
and your member number

ACH WITHDRAWALS
Most insurance and utility companies offer their customers the option of paying their monthly premiums or bills through a direct debit (or ACH Withdrawal) from their account.  An ACH withdrawal is an automatic deduction, usually from your checking account, which saves you the hassle of writing a check to the same company month after month.  The company will give you a specific day when the withdrawal will take place each month so that you can mark your check register.  In the case of utility companies, since the amount of your bill will change from month to month, they will inform you, in advance, the amount of funds to be deducted for that month.

All you need to do to start enjoying this service is to contact your insurance or utility company, give them your authorization to debit your account, and provide them with a voided check.
If you prefer to have your savings account debited, you will need to provide them with our Routing/Transit Number
(231381569) and your member number.

WIRE TRANSFERS
Our credit union offers both incoming and outgoing wire transfers as a service to our members.
Incoming Wire Transfer:
If you have funds in an account at another financial institution and need funds transferred to your account at the credit union. In order to complete an incoming wire transfer, you will need to give the other financial institution the following information:

Wire funds to:
Mid-Atlantic Corporate Federal Credit Union
Middletown, PA
Routing/Transit Number 2313 8755 0
Further Credit:
USSCO Federal Credit Union
Account Number 2313 8156 9
Final Credit:
Your Name
Your Member Number

Outgoing Wire Transfer-
If you have funds in your credit union account and need to transfer funds to an account at another financial institution. In order to complete an outgoing wire transfer, you will need to contact the other financial institution for specific wiring instructions. We will need those instructions, along with your signed authorization, to complete the outgoing wire transfer.

Fees:            Incoming Wire Transfer     $ 5.00

                      Outgoing Wire Transfer     $15.00