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What a great way to save time and money!
Direct Deposit is a safe and convenient way to deposit your paycheck, Social Security, pension, or retirement check directly to your Black Hills Federal Credit Union account. Direct Deposit provides peace of mind when it comes to your funds. No more worrying that your check might be stolen from your mailbox and no more standing in line to deposit your check. Funds are available the same day you get paid.
Enrolling is easy, too. Simply contact your company payroll department or pick up an authorization form from your nearest Black Hills Federal Credit Union branch.
Payroll Deduction is an excellent complement to Direct Deposit. It's easy to fund your "special savings" accounts or make sure loan payments are made on time to the right account. You determine how much money you want distributed to your saving and loan accounts and we'll make sure it is transferred every time you get paid. Contact any of your Black Hills Federal Credit Union branches to set up your payroll deduction.
If you would rather have your money transferred or loan payments made on a date different than the date you get paid, we can handle that too. Several convenient dates allow you the flexibility to determine which dates work best for your budget. When that date rolls around, we'll automatically transfer the money from your share account to other share or loan accounts that you specify.
Loan Interest Rate Reduction
If you set up an automatic loan payment from any of your Credit Union accounts, you'll qualify for a .25% reduction in your interest rate on that loan.
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