Money direct. Safe. Convenient. Always there. Direct Deposit

Direct Deposit

Sign up for the ease, convenience and security of direct deposit to your Tower checking or savings account. Direct deposit is FREE and your money is always deposited on time. Set up direct deposit for any recurring checks you receive in the mail—paychecks, Social Security, pension and annuity payments. When you set up direct deposit to your Tower FREE checking account, you'll receive FREE personalized checks.

  • Easy to apply. Simply print and complete the appropriate Direct Deposit Authorization form.
  • Flexible. Funds can be allocated in any amount to any Tower account you choose. Change the amount of allocations at any time.
  • Convenient. No more waiting in line. Your money is always deposited on time.
  • Safe. No worrying about lost or stolen checks. Reduces the risk of mailbox tampering and identity theft.
  • Easy to track. Login to Home Banking to view your direct deposits and allocations to your Tower accounts.
Allocation

Once you've set up direct deposit, sign up for direct deposit allocation. It’s an easy and secure way to automatically contribute to a Tower "You Name It" Club or other savings account, or to make Tower loan account payments. Just tell us the amount you want allocated from your recurring direct deposit funds. To set up direct deposit allocation, login to Home Banking, go to Additional Services and submit the Direct Deposit Allocation form. If you're not a Home Banking user, sign up easily and securely today.

Allotment

You may be able to authorize your employer or other source of income to deposit a portion of your recurring income directly to your Tower account. Ask your employer or other income source for details.

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