| For those of you who, as I do, currently have monies being deposited into DCU
accounts as well as a local financial institution:
Don't be confused (as I was) that the monies deposited into DCU are "direct
deposit" -- they aren't. They are "voluntary deductions". Therefore, even
if I had >$1000 in my share draft account, I would still be assessed the fee.
Something to keep in mind...
At any rate, to change what is deposited to DCU, just fill out one of those
change deductions cards (whatever they're called). No need to fill out a DDA
(Direct Deposit Authorization) form.
-Andy (who has been set straight, and is heading straight to a bank)
BTW: The people at corporate payroll say that there is currently no provision
for making direct deposits to savings accounts though it -may- be implemented
in a few months...<sigh>
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| RE: .2
>Don't be confused (as I was) that the monies deposited into DCU are "direct
>deposit" -- they aren't. They are "voluntary deductions". Therefore, even
>if I had >$1000 in my share draft account, I would still be assessed the fee.
>Something to keep in mind...
Are you sure about this? The new Schedule of fees says:
Direct Deposit* NO FEE
and balances >= $1000
*Your Direct deposit or at least $100 of your payroll
automatically deposited weekly to your BASIC checking
Seems to be pretty clear that "volutary deductions" do count...
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