Make Payday Easy: Set Up Direct Deposit with Your Coloramo Account

Payday should be simple, and with direct deposit, it is! Instead of waiting for a paper check, making a trip to deposit it, or worrying about losing it, your paycheck can be deposited automatically and securely into your Coloramo account.

Direct deposit is one of the easiest ways to manage your money, and it also helps you get the most out of your Coloramo membership.

Why Set Up Direct Deposit?

  • Faster access to your money: No waiting in line, no mailing delays, and no risk of lost checks.

  • Security: Funds go directly into your account, reducing the risk of fraud or theft.

  • Convenience: Your money is there when you need it, day or night. Direct Deposit is for payroll checks, Social Security checks, or any other recurring income that can be automatically deposited into your account.

  • Rewards: New members referred by a current member can earn*:

    • $25 at account opening

    • $200 when you receive two direct deposits of $500+ and complete 5 debit card transactions

That’s up to $225 in rewards just for getting your paycheck and everyday banking set up with Coloramo! *This offer can expire at any time and terms and conditions may apply. Ask a Coloramo team member for all the details! 

How to Set Up Direct Deposit in 3 Easy Steps:

  1. Get Your Employer’s Direct Deposit Form
    Most employers have a standard form to fill out. If they don’t, you can use Coloramo’s Direct Deposit Authorization Form—we’ll provide one for you at account opening as well.

  2. Gather Your Account Information

    • Routing Number: 302173972

    • Your Coloramo Account Number (you can find this in online banking, on your new account card, or on your checks).

    • We can also provide you with a temporary check that lists all the details.

  3. Submit the Form to Your Employer
    Turn in your employer’s form (or our authorization form) along with your account information. Your direct deposit should be active within 1–2 pay cycles.

If you need any help, we are here to make it easy. Stop by any branch or give us a call and we will help you fill out the form, provide a temporary check, or answer any questions.

Pro Tip: Once your direct deposit is set up, you can also set up automatic transfers to your savings, loan payments, or even IRA accounts, making it easier to stay on top of your financial goals. At Coloramo, we want your banking to be as easy as possible. Setting up direct deposit is a great first step to making your finances stress-free.

Click here for the Direct Deposit Authorization Form and get started today!

Coloramo Federal Credit Union