Direct Deposits and Automatic Withdrawals
Having timely access to your hard-earned money is essential for managing your finances. SLFCU makes it easy.
GET PAID UP TO TWO DAYS FASTER
With SLFCU, there’s no need to wait until payday to get your money! We’ll deliver funds from electronically deposited paychecks, benefit checks, or tax refunds up to two business days before the actual pay date.* This free benefit is automatic for all members who use SLFCU direct deposit, with no sign-up or activation needed.
To set up direct deposit, check out our Frequently Asked Questions below, and get ready to unlock financial flexibility!
SIMPLIFY OUTGOING PAYMENTS WITH AUTOMATIC WITHDRAWALS
Want a faster, easier way to pay recurring expenses such as gym memberships or your monthly rent – and avoid the hassles of missed or late payments? Automate them with SLFCUs Bill Pay service in online or mobile banking
When you set up automated account withdrawals, you authorize SLFCU to debit your savings or checking account for the amount you specify, and to send that money electronically to your payee according to your schedule. You can set recurring or one-time payments. You can also set up automatic withdrawals directly with your payees. This may be helpful if a bill's amount and/or due date varies each month, and you know you will have adequate funds to cover the amount. Get started by logging in to online or mobile banking and navigating to Pay Bills.
IMPORTANT INFORMATION FOR PREVIOUS ANIMAS CREDIT UNION MEMBERS
If you are using the old Animas Credit Union routing number for your SLFCU direct deposits, you will need to re-establish your direct deposit(s) with the SLFCU routing number, 307083911, to take advantage of instant direct deposit.
IMPORTANT: When updating your direct deposit information, some automatic distributions that use the old Animas routing number may fail in our system, even if they have been working until now. If you have set up automatic payments or distributions (such as for an IRA) using the old Animas routing number, please update the sender with SLFCU's routing number as soon as possible. Contact us if you have questions.
IMPORTANT INFORMATION FOR BUSINESS MEMBERS
If you have direct deposits to your business accounts which were established using SLFCU's old business routing number, you will need re-establish those direct deposits using SLFCU's routing number, 307083911, to enable instant direct deposit. Need more help? Visit any SLFCU branch or call us at 505.293.0500.
FREQUENTLY ASKED QUESTIONS
No. Instant direct deposit is a free, automatic feature that applies to all ACH deposits that are directed to SLFCU's 307083911 routing number.
No. Instant direct deposit is an automatic feature available on any ACH deposits you receive that are directed to SLFCU's 307083911 routing number.
Visit this page to learn how to deposit your tax refund.
Here’s how to find this number in online or mobile banking:
- Log in and select the Accounts tab.
- Click on the account for which you'd like to set up direct deposit.
- Select the Account Details tab and look for the 10-digit "Auto WD & Direct Deposit #".
Ask your employer for their direct deposit form. You will need to provide them with our routing number (307083911) and your SLFCU withdrawal and direct deposit account number. Provide the information requested by your employer and submit the form to them for processing. If they require account verification, ask them to call SLFCU – we’re glad to help!
The U.S. Department of the Treasury requires federal benefit payments to be made electronically through direct deposit to a bank or credit union account or to the Direct Express® debit card. Visit the Go Direct website for information, or call them at 800.333.1795.
In most cases, changes to existing direct deposits must be initiated by contacting the sender such as your employer. If you have questions about completing the forms provided, these FAQs can help. You can also visit any branch or call us at 505.293.0500 or 800.947.5328 for further assistance.
The day and time we make funds available will depend on when we receive information about your deposit from your employer or other sender, which can vary from deposit to deposit. In most cases, funds will be available two days faster.
If you don’t use online banking, you can call us at 505.293.0500 or 800.947.5328 or stop by a branch for this information.
- There are a few reasons we may not be able to process your direct deposit early:
- Your deposit type isn’t eligible (like a transfer between bank accounts or a deposit that’s not from a qualifying employer, business, or government program).
- Your payment provider doesn’t submit your deposit early. SLFCU posts deposits as they are received. If your direct deposit is not posted in your account, your payment provider has not sent the funds yet.
No. Early availability is not guaranteed and may vary from deposit to deposit – including those from the same sender.
*Instant Direct Deposit means that Automated Clearing House (ACH) deposits will be available when SLFCU receives the ACH submission from the sender. Availability may be affected by holidays or weekends, and is not guaranteed. Instant Direct Deposit is automatic and there is no fee.
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