Electronic Funds Transfers (EFTs) are electronic payments or deposits made directly to or from your KECU account. EFTs are safe, secure, and significant time savers.
Direct Deposit is the electronic transfer of a payment into your account. The payment can be divided among several different accounts. Direct Deposit can also be used for many other types of payments including.
- Tax refunds
- Social Security or other government payments
- Annuity payments
- Bonuses and commissions
- Dividend and interest payments
- Pension distributions
- Travel expense reimbursements
- Vendor payments
If you need any help setting up Direct Deposit, please contact us for more information.
Payroll Deduction is a popular application of Direct Deposit. It’s a convenient and easy way to make a loan payment from your paycheck before you receive it. Once it’s set up, money is automatically credited to your loan balance on payday.
You can start a Payroll Deduction by contacting your employer and giving them your KECU routing number, account number, and the amount you want deposited each pay period.
Check with your payroll clerk or contact us for more information.
Automated Clearing House (ACH)
Automated Clearing House (ACH) is a convenient way to have your KECU loan payments or deposits automatically withdrawn from an account with another financial institution. ACH direct debit transfers include consumer payments on insurance premiums, mortgage loans, and other kinds of bills.
Instructions for Wiring Money
If you need to wire money, just follow the instructions below:
- Send to Corporate One FCU, 8700 Orion Place, Columbus, OH 43240-2078
- ABA#: 244084264
- For further credit to Kentucky Employees CU, 100 Moore Drive, Frankfort,KY 40601-8295
- Account# 283978467
- For FINAL credit to Beneficiary
- KECU Member Name: ________________
- KECU Account Number: ________________
KECU Routing Number