| Section: |
Business and Support Operations |
Section Number: |
3.19.9 |
| Subject: |
Salaries and Wages: Payroll - Direct Deposit of Checks |
Date of Present Issue: |
03/03/00 |
| |
Date of Previous Issues:
07/79, 07/80, 07/81, 07/87 |
POLICY:
All employees may request to have the net amount or a specified amount (either
a dollar amount or a percentage) of their pay check deposited, on payday, in
any financial institution.
PROCEDURE
| WHO |
DOES WHAT |
| Employee |
1. Completes direct deposit form available from the Payroll/Human Resources
Office, and attaches a voided check or bank verification.
2. Advises financial institution of disposition of the deposit. |
| Payroll |
3. Inputs direct deposit information into payroll system. |
| Human Resources |
4. Provides employee with a direct deposit advice form each payday. |
The first transaction is a pre-notification which verifies routing and account
numbers through the Federal Reserve System. A paycheck will be produced during
this pre-notification transaction, and direct deposit advice forms will be
issued thereafter until the direct deposit option is terminated by the employee.
|
