Payroll Deduction

Payroll Deduction Services

Payroll Deduction and LCBO Employees

Payroll deduction is available to all LCBO employees under the following guidelines:

1. Payroll deduction is available to permanent LCBO employees only.
   This includes PPT (Permanent Part Time) and Casual employees.
2. Payroll deduction can be started for as little as $25 per pay.
3. Changes can be made to deduction set up at any time through a simple phone call.
4. Payroll deduction can be split among a number of different accounts –
   RRSPs, Loans, Platinum Savings, PCA, etc.
   

Payroll Deduction and Honeywell Employees

Honeywell employees can have a paycheque directed whole or split to the credit union. Set up can be completed over the phone with a signature to the payroll department.

Shell, Allstream and other Employee/Members

 All of the other groups – Shell, Allstream, etc. the employee/member can initiate payroll deduction through their individual payroll departments.

Other Options
Member Savings Credit Union can also set up regular transfers to/from other financial institutions. We can set up an automatic transfer that would debit or credit another FI on a regular basis (bi-weekly, weekly, monthly, etc.). Please contact us for more details.

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