Automatic Funds Transfers
Owners can have their accounts at other financial institutions debited or credited automatically, without having to write a cheque.
Benefits:
- Convenient transfer of funds
- Can be used to process loan payments, interest payments, or investment contributions.
- No more post-dated cheques or waiting for reminders for new supply.
Click Here to access our direct deposit form.
Required Account Information for Direct Deposit/Pre-Authorization
The pre-authorization form needs your financial institution and account numbers. See these below:
Route/Transit/Branch # - 22293
Institution# - 839
Important Information re: Valid Account Number for Direct Deposits and Pre-authorized Payment Forms:
The format for bank account numbers are 5 digit member number PLUS 2 digit account number PLUS a final digit. For example 12345-006. To sign in to online banking or to refer your accounts with us, we use “00” for the account number. This encompasses all your accounts.
However PLEASE NOTE that the information required for Direct Deposits and Pre-authorized payments is the individual account number. You may have a savings account and a chequing account and you'll need to specify which account you want. Therefore when entering your bank account number be sure to specify the proper two digits representing the account number. For example: 12345 -116
It is important that the bank account information is accurate. So if you have any questions please contact one of our branches to ensure you have the proper account information.
