Provident Automated Deposit Services
Save time, money, and hassle every month using Provident's automated deposit
services. Funds can be transfered automatically from either your paycheck, another Provident account, or an account at another financial institution.
External Account Transfers
Easily make transfers between accounts you own at most other financial institutions and your Provident loan, checking, savings and other accounts. Manage all of your accounts in one location with the ability to set-up manual or recurring transfers. And most importantly it's free! Sign up for this service by clicking on the Transfer/Withdrawal tab within Account Manager online banking and go to "Manage External Accounts."
- Transfer funds to your Provident accounts free of charge.
- Send money to your accounts or the accounts of family or friends at other financial institutions inside the U.S.
- Add accounts from banks, credit unions, or investment institutions.
Direct Deposit & Payroll Deduction
Enjoy the safety and convenience of having your paychecks deposited automatically with Direct Deposit. Avoid teller lines on busy paydays by having the funds delivered directly from your employer into your Provident Credit Union account. You'll receive hassle-free access to your paycheck on the day it is paid, even if you're nowhere near a branch or ATM. If for some reason you don't want the entire paycheck deposited into your Provident Credit Union accounts, use Payroll Deduction to automatically deposit just a portion of each paycheck. Either way, get started now by completing a short online form.
Have funds transferred automatically to your Provident Credit Union accounts from any of your other accounts in Provident or elsewhere. Whether you are taking advantage of Provident's Direct Deposit, or you have active accounts at other financial institutions, Automatic Transfer can help you automatically allocate funds into your various Provident Credit Union accounts. Use it to stick to a safe investment plan, and watch your savings grow. By automating your savings deposits, you'll help ensure your future earnings. It's also a good way to avoid late payments and fees when you automate payments to your loans, helping you to maintain a good credit history.
Once you set up Automatic Transfer, the amounts you chose are automatically paid or deposited into the accounts you chose, according to the schedule you chose. It's easy to set up, and easy to change, as your plans and priorities change. Just complete and return the short online form.
Automatic payments and deposits which are made from one Provident Credit Union account to another are also called "Automatic Transfer".
Pay Yourself First! How To Turn $100 Into $27,000
It's easy when you "pay yourself first" with payroll deduction.
|Twice Monthly deposit
Estimate based on 2.50% Annual Percentage Yield (APY); dividends posted quarterly; $100 initial deposit; automatic
deposits posted twice monthly. APY is for example only; current APY may be different and is subject to change. See
current rates online.