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FECA Direct Checking
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What is direct deposit?

Direct deposit is the electronic transfer of your paycheck from your employer directly into your FECA accounts. You have access to your money immediately when the funds are released.

How does direct deposit work?

Employers, like FedEx, send your earned wages to FECA electronically. They deposit the funds directly into the accounts you’ve specified. Direct deposits often arrive a day or two before your actual payday*. As soon as the funds arrive, your money appears in your FECA account and you can spend it immediately.

Does FedEx use direct deposit?

Yes! In fact, direct deposit is FedEx’s preferred method of payroll.

Can I use direct deposit to make my loan payments?

Yes! You can set up direct deposit with Automatic Payroll Deduction to make your FECA loan payments automatically from each paycheck. It’s a great way to ensure that you never miss a payment.

To set up deductions, contact us online or in the mobile app or leave us a message.