Q & A - Questions and Answers

What is an electronic transfer?

An electronic transfer works just like a bank debit card. You provide us authorization to withdraw a specific amount from your checking or savings account on a certain date each month. The withdrawal will show up on your bank statement just like your debit or ATM card.

In setting up an automatic bank draft (often known as an ACH deposit) we require some of the numbers appearing on a regular check. If you are concerned about giving out sensitive information, it should put you at ease to know that you are only disclosing the same information received by anyone to whom you write a check.

Furthermore, all transactions are made over a secure server, for your protection.

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