How does this affect my State Employees' Credit Union deduction?
Not at all. While the effect may be similar, your SECU deduction-whether it is for savings, IRA, share draft or loan payment-is not Direct Deposit. Direct Deposit is only for your net pay (after taxes and deductions, including any amount you may have deducted for the credit union). You may choose SECU as the banking institution to receive your Direct Deposit or you can continue a fixed credit union deduction and send your net pay by Direct Deposit to another financial institution.
|