You have three options to change your direct deposit account information—you can edit an existing account, delete an existing account or add a new account. Please remember that if you enter incorrect banking information, it will cause the deposit to be rejected. If the funds are returned to JMU, this may take up to 5 business days. Payment cannot be made to you until the bank returns your money to JMU. There are no emergency funds available to expedite this process. Make every effort to confirm that your account information is correct prior to saving.
You may choose to edit an existing account for several reasons:
To edit an existing account, click the Edit button next to the appropriate account. You can change the Account Type from Checking to Savings, enter a new routing number and account number, change the deposit type to either Percent or Amount, enter a percentage or dollar amount, or change the Deposit Order for that account. Review your changes and click the Save button when you are positive there are no errors.
You may choose to delete an existing account if you no longer want to distribute any of the direct deposit to that account. However, you will not be able to delete an account with a Deposit Type = “Balance.” To delete an account, click the Delete button next to the appropriate account. You will be prompted to confirm that you wish to delete this account. Select “Yes-Delete” or “No-Do Not Delete.”
You may add an account when you wish to distribute your deposit to multiple accounts. For example, you want $50 of every deposit to go to your savings account, $50 to go to a savings account for your children, and the balance to go to your joint checking account.
To add an account, select the Add Account button and complete the information. Review your data entry and click the Save button when you are positive there are no errors. You may have up to four accounts.