Payroll Deduction

Make loan payments automatically, make deposits to your savings accounts, build your IRA all with Payroll Deduction.

Whether it's your auto loan, Home Equity Loan, Personal Loan, or any other credit union loan, paying is easy. Simply designate the amounts of monthly payments that you want deducted from your directly deposited paycheck, and your payments are made. No late charges. No running to the mail box. No hassle.

Guarantee "no excuses" savings, too.

Deposits can be made to savings accounts automatically with this service. Your funds may be deposited to one account or portions allocated to several accounts. Some members establish accounts for their children and allocate some portion of their payroll deduction to those accounts.  You may have your net pay or any part of it deposited with the credit union. 

And your IRA financial planning is easier with the automatic Payroll Deduction option at Princeton FCU.

For a really convenient money management team, combine Payroll Deduction with Direct Deposit and a Checking Account.

Payroll deduction forms, as well as forms to increase or decrease your payroll deduction, may be obtained from the credit union office or use this online version:

• Payroll Deduction Authorization Form

If you choose to have your net pay deposited with the credit union, ask for a net pay deposit form.

For more information on this convenient, FREE  service from your credit union, call us or visit us.