Education » Articles » Direct Deposit And E Transfers Help Prevent Identity Fraud
Direct Deposit and E-Transfers Help Prevent Identity Fraud
Consumers who use direct deposit and make electronic payments are reducing their
risk for identity theft, according to a recent study by the Electronic Payments
Association. The study found that these electronic methods deter identity theft,
because the payments cannot be lost or stolen in the mail. In addition, consumers
who use e-payments save the equivalent of three days a year by not waiting in line
or writing and mailing checks. E-payments also help consumers avoid late payment
To sign up for direct deposit, contact your employer and provide
them with your UW Credit Union account number and our routing/transit number (2759-7907-6).
Once your direct deposit is setup, use our Web
Branch online banking to setup your electronic transfers and use Web Pay
to pay your bills online. These are free services-you don't even pay postage costs!
Quick, easy, safe, and free.