Direct Deposit with HomePride Bank
Simplify your finances and access your money faster with Direct Deposit from HomePride Bank. With Direct Deposit, your paycheck, pension, Social Security, or other recurring payment is automatically deposited into your checking or savings account, saving you time and trips to the bank.
What is Direct Deposit?
Direct Deposit is an electronic payment from a company or organization directly into your bank account. Instead of receiving a physical check that you need to cash or deposit, the money is electronically transferred, providing immediate access to your funds.
Benefits of Direct Deposit
Convenience: No more waiting in line at the bank or ATM to deposit your check. With Direct Deposit, your money is automatically credited to your account.
Faster access to funds: Direct Deposits are usually available immediately, so you can access your money faster than with a paper check, which can take a few days to clear.
Increased security: Direct Deposit eliminates the risk of lost, stolen, or fraudulent checks. Your money is securely transferred electronically.
Easier budgeting: With Direct Deposit, you know exactly when your money will be available in your account, making it easier to plan your finances and pay bills on time.
Eco-friendly: Direct Deposit reduces paper waste from physical checks, aligning with HomePride Bank's commitment to environmental sustainability.
Faster access to funds: Direct Deposits are usually available immediately, so you can access your money faster than with a paper check, which can take a few days to clear.
Increased security: Direct Deposit eliminates the risk of lost, stolen, or fraudulent checks. Your money is securely transferred electronically.
Easier budgeting: With Direct Deposit, you know exactly when your money will be available in your account, making it easier to plan your finances and pay bills on time.
Eco-friendly: Direct Deposit reduces paper waste from physical checks, aligning with HomePride Bank's commitment to environmental sustainability.
How to Set Up Direct Deposit
- Get a Direct Deposit form from your employer, pension provider, Social Security Administration, or other payer, or download one from HomePride Bank's website.
- Fill out the form with your HomePride Bank account information:
- The type of account (checking or savings)
- Your account number
- HomePride Bank's routing number (081507234)
- Submit the completed form to your payer. They will set up the electronic transfers to your HomePride Bank account.
- The payer will notify you when Direct Deposit will start. It may take a few payment cycles for Direct Deposit to begin.
Frequently Asked Questions
Is Direct Deposit safe?
Yes, Direct Deposit is safer than paper checks. HomePride Bank uses advanced encryption and security measures to protect your financial information and prevent unauthorized access to your accounts.
Can I split my Direct Deposit between accounts?
Yes, many payers allow you to split your Direct Deposit between multiple accounts, such as checking and savings. Specify the amounts you want deposited into each account on your Direct Deposit form.
What if I change banks?
If you change banks, you'll need to submit a new Direct Deposit form to your payer with your new account information. Keep your old account open until you confirm that Direct Deposit has started at your new bank to avoid missed payments.
Enroll in Direct Deposit today and experience the convenience, security, and faster access to your funds. If you have any questions, our friendly HomePride Bank customer service team is here to help at 855-447-2265 or through our secure online message center.
