Direct Deposit

Direct Deposit FAQs

• What is direct deposit?

  Direct deposit is an electronic funds transfer (EFT) that deposits money directly into your bank account without the need for a paper check. Many employers offer direct deposit, and it’s also used to receive funds from other sources like Social Security, pensions, and other retirement accounts.

• How do I set up direct deposit?

  If you are signing up for direct deposit with your employer, the Human Resources or Benefits department will provide the necessary form for you to complete. You can also use our convenient Direct Deposit Authorization Form to assist you with the required information. You will provide your employer with your WEOKIE bank account number and routing number and possibly a voided check. To set up a government deposit, you can sign up online at Go Direct®, by completing the US Treasury Department's Direct Deposit Form, or by calling 1-800-333-1795.

• Can I split my direct deposit between multiple accounts?

  Yes, many employers will allow you to split your direct deposit into multiple accounts, such as your checking and savings accounts or your retirement account. It’s a great way to grow your savings on autopilot. 

• How long does it take for direct deposit to start?

  It may take 1-2 pay cycles for direct deposit to begin after you submit a direct deposit authorization form. It varies depending on the payee.

• Is there a fee for using direct deposit?

  There are no fees for receiving direct deposits at WEOKIE Credit Union. Most employers also don’t charge a fee for issuing direct deposits because it allows them to save on administrative costs.

• How do I change or cancel my direct deposit?

  To make a change to your direct deposit, contact the payor and provide them with updated account information. To cancel a direct deposit, contact the payor and inform them of the cancellation. You may be asked to sign a document confirming the cancellation.

• How do I qualify for WEOKIE Federal Credit Union membership?

  WEOKIE FCU membership is open to anyone who lives, worships, works, (or regularly conducts business in), or attends school in the Oklahoma City area - consisting of Canadian, Cleveland, Grady, Lincoln, Logan, McClain, Oklahoma, or Pottawatomie Counties (as well as spouses of persons who died while within the field of membership of the credit union). Membership is also open to employees of the credit union, volunteers in the community, and current WEOKIE members' immediate relatives, which includes spouses, children, siblings, parents, grandparents, grandchildren, stepparents, stepchildren, step-siblings, and adoptive relationships.