All university employees - full-and part-time faculty, staff and student employees - are strongly encouraged to direct their net pay to any financial institution in the United States. The benefits of direct deposit are many:

• Convenience. You don’t have to go to the bank to cash or deposit your check.
• Safety. There is no worry about lost, stolen, or misplaced checks. Several individuals every year ask for replacement checks because they ran theirs through the laundry!
• Reliability. Your money will be available on the last workday of the month, but paychecks sent by mail might take several days to reach your bank. Also, your money will be deposited even when you are sick or out of town.
• Money Management. You can choose to have your paycheck directly deposited into more than one account at your bank (part of your money into checking and part into a savings account). If you select your EagleBuck$ card, your full pay will be deposited to the EagleBuck$ account, and is subject to the current EagleBuck$ policy.

A number of banks in the area are available to provide direct deposit and other banking services. Chevy Chase Bank, http://www.chevychasebank.com, located in the Butler Pavilion Shops, offers exclusive banking packages for AU full-time and student employees with direct deposit, including free checking for two years.

As of November 1, 2003, students can choose the option of depositing their university pay into their EagleBuck$ account, to use at participating campus vendors as well as off-campus retailers (see http://www.eaglebucks.com for more information).

It is easy to set up a direct deposit account. Please go to your web portal, my.american.edu, click Employment, HR/Payroll Online, Direct Deposit Information. Fill out the form and click submit. You will receive a confirmation via email from the Payroll Office when your direct deposit has been processed.