Garden Savings Federal Credit Union

101: Streamline Finances Online

by Rena Crispin, CUDE, CCUFC / February 9th, 2016

Streamlining your finances with online tools is about more than just saving time—it's fun, helps you avoid late fees and overdraft fees, and helps you save money.

Set up direct deposit

Find out if your employer offers direct deposit—most do. To sign up, all you usually have to do is take a voided check to your human resources department. Your paycheck should appear automatically in your account within a few weeks.

Authorize electronic payments

With electronic payments, you can pay every bill you have using one or more automated options:

Automate routine savings

Set up automated transfers from checking to your savings account(s), and you’ll always be financially ready for an unexpected car repair and for infrequent but larger bills like insurance premiums.

Get overdraft protection

To make sure you’re never penalized for overdrawing your checking account, set up an overdraft protection savings account or line of credit at your credit union.

Track at your convenience

Once you’ve automated your finances, use your credit union’s website and mobile services to track your accounts and transfer money between them. Check accounts frequently to make sure your automated plan working the way you want, and to monitor for attempted fraud or ID theft.


NCUA Equal Housing Lender
Printed Thursday, November 14, 2019

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