Academic Affairs Manual (ACD)

Effective: 6/1/1981

Revised: 3/1/2000

ACD 603: Direct Deposit of Paychecks

Purpose

To provide faculty members and academic professionals with the convenience of direct deposit of payroll checks

Source

Executive Vice President, Treasurer, and CFO

Applicability

Faculty

Academic professionals

Policy

Faculty members and academic professionals may request that their payroll checks be sent directly to any financial institution that is a member of the Arizona Clearinghouse Association.

If the financial institution is a member of that association, the payroll check will be deposited directly to the faculty member’s or academic professional’s account through electronic fund transfers to be available at 8:00 a.m. on payday, and the payroll information will be provided to the employee through their MyASU account.

Direct deposit is effective within two to three pay periods of the request.

ProcedureD

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Responsibility	Action
Faculty member or academic professional	Contact Human Resources (HR) to determine if the chosen financial institution is a member of the Arizona Clearinghouse Association. Obtain a Request for Direct Deposit form from HR. Complete the Request for Direct Deposit form and attach a deposit slip. Return the Request for Direct Deposit form and deposit slip to HR.
Human Resources	Transfer electronically the faculty member’s or academic professional’s payroll funds to the financial institution. Send the faculty member’s or academic professional’s payroll stub to the individual through the employing department.

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endtable

Cross-Reference

For related information, see ACD 512, “Payroll—Pay Dates and Deductions.”

 

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