Payroll Information
Direct Deposit of Paycheck (EFT)
(updated 6/09/2005)

All PSU employees may sign up for direct deposit, or electronic fund transfer (EFT), of paychecks. Student employees and graduate assistants may also sign up for EFT. Participation in EFT is voluntary, but it is encouraged in order to ensure that paycheck moneys are available as soon as possible.

To participate in EFT, an employee must have an account at a United States bank, savings and loan association or credit union which is a member of the automated clearing house (ACH) association. Most financial institutions are members of the ACH.

Paycheck moneys received via EFT should be available on the Friday payday. If Friday is a designated holiday, pay will be available on the first preceding work day.

Employees will be allowed to have direct deposits made to multiple financial institutions and multiple accounts. An employee may designate up to 6 financial institutions with 10 different accounts. If an employee had multiple accounts designated to receive deposits and/or opts to have a portion in a paper check, a specific amount or a percentage may be allocated to each. If multiple accounts are set up for an employee, order of priority of direct deposits must be designated (#1 being the highest priority). If there is an excess of funds to be deposited, a paper check will be issued.

If an employee is set up for EFT, all payments issued to the employee will be via EFT, including regular paychecks, supplemental paychecks, and paychecks with court-ordered withholdings.

Paycheck Stub Distribution

Paycheck stubs for classified and unclassified employees as well as student employees and graduate assistants who participate in EFT will be mailed from Topeka to the employee's pay mailing address. The pay mailing address is the employee's permanent address, unless the employee has designated a different address to be used. Contact HRS to designate a different pay mailing address. Paycheck stubs will be placed in U.S. Mail on the Wednesday evening before the Friday payday.

To Sign up for Direct Deposit (EFT)

To sign up for EFT, complete a Direct Deposit of Employee Pay Authorization Form. It is very important that employees confirm the account information that is required by their financial institution for direct deposit. Return the completed form with a deposit slip or voided check to Human Resource Services, 204 Russ Hall, by noon on the last Friday of the pay period. The EFT will be effective on the pay date for that pay period.

To Stop Direct Deposit (EFT)

To stop EFT, complete the cancellation section of the Direct Deposit of Employee Pay Authorization Form. Return the form to HRS by noon on the last Friday of the pay period. The cancellation will be effective on the pay date for that pay period.