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Direct Deposit

Direct Deposit, also known as preauthorized credit, is a convenient, fast and secure way to access your money. It saves you time from having to visit the branch or ATM to deposit your cheque. With Direct Deposit, your money is immediately available to you — no matter what you are doing or where you are. NLCU can help you set up Direct Deposit for government and employer payments so you can enjoy these benefits:

  • Faster access to your money. Postal delays or other delivery issues will never delay your payments.
  • Free to use, easy to set up. To use this free service, complete and submit the required form to set up Direct Deposit. Your payment is deposited directly into your bank account.
  • Always on time. Your payment will always be on time, and your money and earned interest will be available right away.
  • Reliable and safe. There is virtually no risk of your Direct Deposit being lost, stolen or damaged.

Required Account Information for Direct Deposit

The direct deposit form needs your financial institution and account numbers:
Transit/Branch # - 68020
Institution # - 809

Direct Deposit Form & Pre-Authorized Payment Form

Note: On the government’s Direct Deposit form, the account number field is 12 digits. Credit union account numbers are only 10-digits in length. Avoid your form from being rejected by:

  • Using all 10 digits in your account number.
  • Do not use any dashes.
  • If your account number has a leading zero, it must be entered as part of the number.
  • The account number is left justified in the field.

The government form has spaces for 12 digits. |__|__|__|__|__|__|__|__|__|__|__|__| 

Enter your 10 digit number like this. | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |__|__| 


Employer Payment with Direct Deposit

Ask your employer if Direct Deposit is available to you and what information is required to have your pay cheque automatically deposited into your credit union account.

Your employer may have its own form, or you can download our Direct Deposit/Pre-Authorized Payment Form. A PDF-fillable form allows you to complete it on your computer and print it. Complete your form by referring to the "Required Account Information" section above.  If you have a cheque, you can mark it as “Void” and staple it to the form.  Sign the printed form and submit it to your employer’s human resources department.

Contact Us

If you have any further questions or need help setting up your Direct Deposit visit your local branch or call 1-800-563-3300.