Free ACH OriginationYour credit union is now offering FREE ACH origination. This new service will allow you to set up recurring or one time payments to the credit union from another bank account or from the credit union to another bank account. This should make paying bills and transferring money between institutions easier and cheaper for our members.
To initiate a transfer to another institution, you will need the institution’s routing and transit number, address, phone number, and your account number and account type. We have a standard form that you will need to sign to authorize the transfer. If you are transferring to make a loan payment, please verify that the institution can accept loan payments via ACH.
For recurring loan payments, we recommend that you set up an account through our FREE member bill pay service. You can automatically set the due date and your checking account with the credit union will be debited every month. This is also a great way to pay all of your bills. No more checks to write, no more stamps to buy, and you can get reports broken down just about any way you want to help keep track of your expenses.
Members who need to send money to Mexico can send it via Directo a Mexico, even if the recipient doesn’t have a bank account. There is a $5.00 fee for this service, no matter what amount is being wired.
For more information on any of these services, call the credit union at 203-824-8120 or 800-242-8120.