Direct Deposit

Authorization Agreement for Automatic Deposits (ACH Credits)

 

Houghton College offers Direct Deposit to all financial institutions that are members of the ACH (Automated Clearing House) network.  The following steps must be taken to be placed on Direct Deposit:

 

¨       Check with your financial institution (bank or credit union) to see if it is a member of the ACH Network.  Community, and M&T are ACH users. 

¨       If “yes” -ask for the Routing Number as well as the correct Account Number for the ACH transfer.  You may also want to check on any fees involved.  Attach a check with “VOID” written on it.

 

You may deposit into three different account #s or banks.  If you choose to use more than one bank, Bank 1 should be your primary bank where your net amount will go, and flat amounts can go into one or two other accounts.

 

 

 

I hereby authorize Houghton College to pay my earnings by initiating credit entries to my account listed below.  I also authorize Houghton College to initiate, if necessary, debit entries and adjustments for any credit entries in error to my account and the depository (bank) named below to credit and/or debit the same to such account.

 

If I am a student, I hereby authorize Houghton College to pay my work-study earnings, including any federal work-study earnings, by initiating credit entries to my account listed below.

 

This authority is to remain in effect until Houghton College has received written notification from me of its termination in such time and in such manner as to afford Houghton College and the above named depository a reasonable opportunity to act on it.

 

Signed:              _____________________________________           Date:    ______/______/______

 

Print Name:      _____________________________________            SS #:    ______-______-______

 

CWID# _________________     Facutly/Staff ______  or   Student ______       Room Phone:    (585) ______-________

 

Home Phone: (___) ______-_______                       Office Phone:    (585) ______-________

 

	Bank 1 - Primary Bank ------Full Net	Bank 2 – Flat Amount -----Partial Net	Bank 3 – Flat Amount ----Partial Net
Bank Name
Bank City
Bank Telephone   Include area code
Savings or Checking
Amount	Full Net minus other bank deposits $	$	$
Routing #
Account #