You can fund your new account and continue to make deposits with Direct Deposit. It is a safe, convenient, and fast way to receive payments. Direct Deposit is an electronic transfer of a payment from a company or organization into an individual's Checking or Savings Account. Direct Deposit is a smart way to get paid. It is an ideal way to receive a payroll check, Social Security payment, expense reimbursement check, tax refund, pension check, stock dividend or bonus check. With direct deposit there are no repeat deposits for you to make, and no waiting for checks to clear - saving you time and money.
To initiate Direct Deposit, you will need to supply the following information to the company or organization that will be initiating the transaction:
Download a Direct Deposit Form.
- The Bank Name: The Bancorp Bank, N.A.
- Our ABA Number: 031101114
- Your Account Number