Direct Deposit

Direct Deposit is a safe and easy way to have your money (payroll, social security, dividend payments, or other income source) deposited electronically in your checking or savings account. Your money will arrive quickly and safely into your account each and every time. Direct Deposit reduces the time spent having to drive to the bank to deposit your check and eliminates the need to make special arrangements when absent or on vacation.

If you are interested in setting up direct deposit, please contact your payer (employer, company, investment firm) to see if they offer direct deposit. If they offer direct deposit, ask them for an authorization form to get your direct deposit setup. If you need any help completing the setup form, please give us a call or visit your local branch.

Magnolia State Bank’s routing/ABA number is 061202533.