Do you ever feel like managing your money is a full-time job? Between paying bills, remembering due dates, and waiting in line to deposit checks, it's easy to feel overwhelmed. Fortunately, there's a simple solution that can save you hours every month and reduce financial stress: automating your payments and deposits. Let’s break down how this works.

What are Automatic Payments and Deposits?

Automatic payments and deposits are financial tools that allow money to move in and out of your account without you having to manually do anything each time. These systems use your bank routing number (a nine-digit number that identifies your bank) and account number (your personal bank account) to securely move money.

With these two numbers, you can:

· Set up direct deposit of your paycheck, government benefits, or other regularly scheduled deposits.

· Quickly move money from payment systems such as Venmo, PayPal, Cash App, etc. to your account.

· Authorize automatic bill payments for utilities, rent, loans, subscriptions, and more.

How to Set Up Automatic Payments and Deposits

Whether you want your paycheck to go directly into your account or have your gym or utility bill automatically deducted from your account, all you need is KCCU’s routing number and your full account number.

KCCU’s routing number is 272476734. Our routing number can be found on multiple locations on our website, including in the footer, on the Contact Us page, and within online banking.

Your full account number can be obtained by stopping into a branch or by conveniently accessing it within your secure online banking account. To view your full account number from online banking, follow these easy steps:

1. Log into online banking.

2. Go to the main “Account Summary” screen.

3. Find the account you want the account number for, then click on the three dots (…) to the right of your balance.

4. Select “Account Details” from the menu options.

5. On the next screen, click the “More Account Details” button and your full account number and the routing number will be in the “Account Information” section.

Tips for Managing Automated Finances

• Timing is important: Payments coming into your KCCU account via ACH can take a few days to process, so check your balances before spending. KCCU does accept Real-Time Payments (RTP), a U.S. payment system that allows funds to move instantly between domestic financial institutions. KCCU is currently able to accept incoming RTP, but members cannot send funds via RTP from their KCCU accounts. To see if a payment is coming via RTP, check with the vendor who is sending the payment.
• Keep a Buffer: Maintain a cushion in your account to cover unexpected charges.
• Check Monthly Statements: Automation isn’t “set and forget.” Stay aware of your transactions.
• Use Alerts: Set up low balance alerts or payment confirmations with your bank.

Final Thoughts

Automating your finances might be the simplest way to buy back your time, reduce stress, and take control of your money. All it takes is a few pieces of information and a little setup time.

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