All employees of the UT-System Medical Foundation are highly encouraged to participate in direct deposit of pay. To enroll, simply select the Authorization Agreement for Direct Deposit form, complete and return to Medical Foundation, JJL 310, via inter-institutional mail along with a voided check. Current participation in the direct deposit program at UTSMF of 98% indicates a high level of trust and customer satisfaction. Direct deposit of pay is a valuable benefit - and it is free! On payday, a detailed earnings statement is delivered to each employee. Trips to the bank and long waiting lines are eliminated as well as the need to schedule vacations around paydays. Regardless of whether it is a workday for us, the Federal Reserve Bank continues its operation. Your co-workers who already enjoy direct deposit of pay will testify when holidays, vacation, illness, business travel, or anything unforeseen coincides with payday, they are relaxed knowing their check is in the bank. An added feature of direct deposit at UTSMF is the option to allocate deposits between number of accounts, either within the same or separate financial institutions within the continental United States. For instance, you can deposit part of your salary in a checking account and the balance in a savings account through routine payroll transactions. Please remember, a change in banks or bank account number constitutes a change in direct deposit enrollment. In order to avoid disruption or rejection of deposits, be sure to complete a new Authorization Agreement for Direct Deposit and forward to Medical Foundation should any of your original enrollment information change. For further assistance in joining the UTSMF Direct Deposit, contact us at (713)500-5243.
|
