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Direct Deposit Frequently
Asked Questions |
- Who is eligible to participate?
The program is available to all New York State employees. However, the Payroll Office may exclude
an individual who has very low leave accrual balances or frequent
unauthorized absences.
- How do I join?
Download a
direct
deposit form or contact the Payroll Office, CLEV 408, ext.
4124.
If you are going to deposit funds into a checking account, you
may attach a voided check to the form. However, if your
direct deposit is going into a savings account, you must take
the form to your financial institution for account certification
and data completion. When the form is complete, return it
to the Payroll Office, CLEV 408.
- How will I know when
my paycheck has been deposited?
On payday you will receive a direct deposit advice. The
advice will show the amount which has been credited to your
account(s) at the financial institution(s) you selected.
If you have any questions about the transaction, you should
contact your financial institution.
- Are all financial
institutions participants in the direct deposit program?
In order to participate in the direct deposit program, financial
institutions must be capable of receiving transactions through
the automated clearing house system.
- Can I use my joint account for
direct deposit?
Yes. However, all account owners must sign the
enrollment form.
- Can I select more than one financial institution or account
through the direct deposit program?
Yes. You may choose up to a maximum of eight (8) different
savings or checking accounts in one or more financial institutions.
You may change the amount that goes in each account. However, the distribution of funds for loans, mortgages, and
other transactions must be arranged with your financial
institution.
- How can I change my
account from one financial institution to another?
Submit a new enrollment form to the Payroll
Office to cancel the deposit to the old account and to add the
new account. It is important to keep
both accounts open
until the new account begins to receive your salary.
- How do I cancel direct
deposit for one or more accounts?
Submit a new enrollment form to the Payroll
Office to cancel direct deposit for one or all of your accounts.
It is important to keep all accounts open until the change takes
effect.
- Will my direct deposit
transfer if I move from one state agency to another, go on LWOP,
or leave state service?
It depends. If you transfer from one State agency to
another agency without a break in service, direct deposit may
continue. If you go on leave without pay (LWOP), have a
break in service when going to another State agency, or leave
State service entirely, direct deposit may be discontinued.
Please contact the Payroll Office to confirm your direct deposit
status.
- How can I get more
information about the direct deposit program?
Contact the Payroll Office at 878-4124.
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- Reliability: On payday, funds are automatically
deposited into your selected financial account(s).
- Security: No worries about lost or stolen
checks; funds are automatically deposited into the account(s).
- Privacy: Direct deposit is one of the most
confidential methods of processing your paycheck.
- Convenience: No matter where you are on payday,
your pay will be in your account on payday. Because your
pay is deposited as cash, it may begin earning interesting right
away if it is in an interest bearing account.
- Financial Control: With direct deposit, you are
in control: 1) you may have your entire pay deposited into
one account; 2) you may split your pay among several accounts,
making it easy to automatically set aside funds for savings,
expenses, and any other financial goals; and 3) you may change
your financial institution(s) or designate different account(s)
at any time.
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