Direct Deposit
Direct Deposit is a free service that allows your employer to deposit your pay directly into your Ray Federal Credit Union Checking or Savings Account. You can also use Direct Deposit to receive other payments such as social security, pension benefits and income tax refunds. Direct Deposit gives you the assurance of knowing you will receive your funds promptly and securely, with no mail delay or risk of your check being stolen from your mailbox.
We offer the convenience of splitting your direct deposit into different Ray Federal Credit Union accounts:
- Checking
- Savings
- Loan Payments
- Christmas Club
- Special Account
In order to avoid electronic transaction limits imposed by the federal government, we recommend you send your money to a Ray Federal Credit Union checking account and disburse to your other accounts from there. See Regulation D – Savings Transfer. Ask Member Services the best way to manage your direct deposits.
The routing number for Ray Federal Credit Union is 322172205. You will need to give this number to your payroll manager along with your account number. You can use Online Banking to easily track receipt of your direct deposits!