Direct Deposit Allocations are the automatic distribution of regular, recurring electronic deposits to one or more eligible
accounts. To establish Direct Deposit Allocation, use the enclosed form to indicate which accounts you would like
to fund and the amount to be applied to each account. Your Direct Deposits will be automatically allocated according to
your instructions.
Direct Deposit Allocations can be made to almost any account. Allocate to Money Market(s) or Club Account(s) for
taxes, vacations, holidays, etc. Build family savings by allocating to your spouse’s or children’s accounts. Gain tax
benets with allocations to Custodial Accounts. You can even speed up loan repayments with allocations to
supplement regular monthly loan payments.
How They Work
Most regularly recurring electronic Direct Deposits can be allocated. Check with Member Services at 800-431-2754 to
conrm that your electronic deposit is eligible.
Ensure that your Direct Deposit is sufcient to cover all scheduled allocations. Allocations will be applied based on
the order of preference you provide on the Direct Deposit Allocation Authorization form. We will make every effort to
assure proper and accurate allocations, however, we can not be responsible for allocation schedules affected by Direct
Deposits that are not timely, accurate or adequate.
Your USALLIANCE statement will identify each allocation with the name of the company that sent the Direct Deposit.
The highly automated nature of this program precludes notications if your deposit isn’t sufcient for all your allocations.
However, you can monitor deposits and allocations through Dial-Up, Online Banking, or by calling Member Services.
How To Start
Complete the Direct Deposit Allocation Authorization by listing all your allocations in the order of preference, using
additional forms if necessary. Mail your completed form to USALLIANCE Financial, 411 Theodore Fremd Avenue, Rye, New
York 10580. You can also bring your completed form to any USALLIANCE branch. Please visit our website at usalliance.org
to nd the branch nearest you.
Allocations may not be implemented until we have received at least one electronic Direct Deposit to your account.
Authorizations are processed as they are received and cannot be dated to take effect at a future date.
This authorization will supersede any previous instructions and must show your full allocation schedule. It is very
important that you carefully coordinate changes in your automatic Direct Deposits with allocation updates.
I hereby authorize only the following allocations from each electronic Direct Deposit received, to be made in the order specified.
This authorization supersedes any previous request and is effective upon receipt by USALLIANCE. This authorization is valid
only for allocations to eligible, existing accounts. It may not be used for deposits to term accounts or IRAs.
Deposit from
Company Name: ________________________________________________ Account (Check One): q New q Change q Deletion
Frequency
(Check One): q Weekly q Bi-weekly q Semi-monthly q Monthly
Allocate from
Account No: ___________________________________________________________________ Print Name: ______________________________________________________
Date:_____/_____/_____ Daytime Phone: (________) ______________________________ Signature_________________________________________________________
Priority ALLOCATE TO: Member Name Amount
1.
2.
3.
4.
Attach additional forms if needed. Please mail completed form to
USALLIANCE Financial, 411 Theodore Fremd Avenue, Rye, New
York 10580.
SPACE BELOW FOR USALLIANCE USE
Processed by: Date: Description: Company ID:
Direct Deposit Allocation Authorization
TO: Account Number
DIRECT DEPOSIT ALLOCATIONS
411 Theodore Fremd Avenue • Rye, NY 10580 • 800.431.2754 • USALLIANCE.ORG
USAlliance Federal Credit Union is doing business as USALLIANCE Financial.
