Few things are as reliable and convenient than Direct Deposit. With free direct deposit of your payroll or benefits to your cb checking account, you can save time and money. Direct deposit automatically places your paycheck, pension, Social Security, or other regular monthly income into your checking, savings, or Money Market account. It's convenient, secure, and saves trips to your banking branch.
How direct deposit works
It places recurring deposits electronically into your checking, savings or money market account--automatically. Qualifying deposits may include salary, pension, Social Security and Supplemental Security Income (SSI) benefits, and other regular monthly income.
Reliable and convenient
- Have deposits made automatically without making a trip to the bank
- Get same-day access to your deposit, even when you're out of town
- Distribute the deposit across multiple Central Bank accounts (i.e. some in checking, some in savings)
- No worries about lost or stolen checks
Is your check issued by the U.S. Treasury?
The U.S. Department of the Treasury recently announced a new rule requiring all federal benefits payments (such as Social Security or pension checks) to be paid electronically. As a result, most customers with checks issued by the U.S. Treasury are required to set up direct deposit (since March 1, 2013). You can enroll in direct deposit of all federal benefits payments at your local social security office, online at www.godirect.org or by calling 1.800.333.1795.
Provide your employer with a completed direct deposit enrollment request form. Click here to download form.