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When your employer sends your pay directly to your checking or savings account rather than issuing you a paper check, you're participating in Direct Deposit. These deposits arrive and are made available to you more quickly than paper checks, and can be automatically divided among different accounts based on your direction. You don't even have to go to your bank.  Direct Deposit is the most widely used electronic payment. In 2007, Direct Deposit increased by 6.2 percent to 5 billion payments. As many as 145 million Americans use Direct Deposit to receive their pay or government benefits. It's a simple, safe, smart, and green way to receive your money. Did you know that switching from paper checks to Direct Deposit benefits the environment, too? Every year, paper checks use over 674 million gallons of fuel and add 3.6 million tons of CO2 to the environment. Imagine the collective difference we could make by using Direct Deposit. Direct Deposit has been around for almost 40 years. It has a proven record of success - 97 percent of people who get paid via Direct Deposit are satisfied with it. Want to know more?
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