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Payroll Deduction

It's so much easier to save when you never touch the money in the first place. With Payroll Deduction, you can arrange for your entire paycheck or a pre-determined amount of money to be sent to your Share Savings or Share Draft Checking accounts each time you get paid. With Payroll Deduction, when your funds are direct deposited to your account at NEFCU, you can enjoy the following benefits:

  • Convenience – We'll transfer the requested amount to the share account or loan account you request.
  • No worry – Whenever you get paid, your loan is paid. No late payments or late fees!
  • Watching your savings balance grow – Save for the holidays, vacation, home improvement projects, or retirement..

Getting Started
Fill out an Automatic Transfer Authorization form in our office or over the phone with any Member Service Representative.