A direct deposit involves an electronic wire transfer of an employee's payroll amount to a specified bank account. An Earnings Statement will be sent to the employees campus or residing address which details the deposit. T he authorization for Payroll Direct Deposit must be filled out in order to start, change, or stop a payroll direct deposit. Exception - if payday happens to be a Saturday, Sunday or holiday, the deposit will be posted the next business day.
Direct Deposits remain active until the employee completes a form to stop it.