Direct deposit is an easy, reliable way to get your net pay into your bank account without having to endorse your check, take the chance of losing your check, or stand in line at the bank to deposit your check. Direct deposit is a simple method of using the Automated Clearing House (ACH) system of numbers to identify each banking institution in the country and electronically moving your net pay amount from Winthrop's account into your account at your bank.
All Winthrop employees are required to have 100% of their net pay direct deposited into a bank account.
Below are the pros and cons of direct deposit.
All employees - full-time, temporary, and students - are required to participate.
To enroll, simply complete a Direct Deposit Form and return it to Tillman Room 119 along with a voided check or bank information sheet. A document from the Bank is required in order to obtain the bank routing and account numbers. The next available pay check will be deposited directly into your account. We will provide you with an Earnings Statement each payday that will detail your gross pay, deductions, and net pay via email (or mail if an email address is not available).
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