NYC Direct Deposit for Employees


NYC Direct Deposit for Employees

NYC Direct Deposit provides FREE checking accounts to New Yorkers who directly deposit their pay.

Participating employers currently include the City of New York, CAMBA, Food Bank for New York City, The Fortune Society, Henry Street Settlement, and Verizon.


Account Features

  • NO monthly fees
  • NO overdraft option for debit card purchases or ATM withdrawals
  • NO or LOW minimum balance requirements
  • FREE online banking and bill pay
  • FREE in-network ATM withdrawals

Benefits of Direct Deposit Banking

  • Keep more of what you earn.
    • Banking accounts that are part of the NYC Direct Deposit program are less expensive than using check cashers. Cashing paychecks at a check casher can cost on average $475 in fees annually.
    • With a banking account you can take advantage of free services such as online bill pay and transfers to other accounts.
  • Convenience.
    • Your money is automatically in your account on payday without any extra effort.
    • Your account’s ATM/debit card also gives you easy access to your money and can be used to make purchases at most stores.
  • Safety.
    • Money kept in the form of cash can be lost, stolen, or accidentally destroyed. Your banking account is federally insured up to $250,000 even in a financial crisis.

Worried that your account could be frozen or your money taken to repay debts?
In most cases New York State law protects up to $2,640 in your account from being seized or frozen.

Do you want to take control of your finances?
Call 311 to schedule a FREE one-on-one financial counseling appointment at a Financial Empowerment Center or book an appointment online.

Easy Sign-up Process

STEP 1: Open account at one of the participating financial institutions below.
  • If you visit a branch, bring the fact sheet (in PDF) and required documents, including a valid government-issued photo ID (e.g., driver's license or IDNYC); proof of home address (e.g., utility bill or current rent or mortgage bill); and Social Security Number or Individual Taxpayer Identification Number (ITIN).
  • If you already have a bank or credit union account that you like but don't have direct deposit, follow Step 2 to enroll.

Financial Institution Account Name Account Opening Options and ID Requirements
Amalgamated Bank
amalgamatedbank.com
Convenience Checking

Account Opening Options

ID Requirements

  • Valid or current government-issued photo ID such as a passport, state ID, or IDNYC
  • Proof of address
  • Social Security number or Individual Taxpayer Identification Number (ITIN)
Carver Federal Savings Bank
carverbank.com
Free Checking

Account Opening Options

  • Visit branch
  • Call (718) 230-2900
  • Attend on-site account opening event

ID Requirements

  • Valid or current government-issued photo ID such as a passport, state ID, or IDNYC
  • Proof of address
  • Social Security number or ITIN
Flushing Bank
flushingbank.com
Totally Free Checking

Account Opening Options

ID Requirements

  • Valid or current government-issued photo ID such as a passport or state ID
  • Proof of address
  • Social Security number or ITIN
Habib American Bank
habibamericanbank.com
Freedom Checking Account

Account Opening Options

  • Visit branch
  • Attend on-site account opening event

ID Requirements

  • Valid or current government-issued photo ID such as a passport, state ID, or Matricula Consular
  • Proof of address
  • Social Security number or ITIN
Neighborhood Trust Federal Credit Union
neighborhoodtrustfcu.org
Free Checking Account

Account Opening Options

  • Visit branch
  • Attend on-site account opening event

ID Requirements

  • Valid or current government-issued photo ID such as a passport, state ID, IDNYC, or Matricula Consular
  • Proof of address
  • Social Security number or ITIN
PNC Bank
pnc.com
Standard Checking Account

Account Opening Options

ID Requirements

  • Valid or current government-issued photo ID such as a passport, state ID, or IDNYC
  • Secondary ID – for City employees a work ID card
  • Social Security number or ITIN
Sterling National Bank
sterlingnationalbank.com
NYC Free Checking Account

Account Opening Options

ID Requirements

  • Valid or current government-issued photo ID such as a passport, state ID, or Matricula Consular
  • Proof of address
  • Social Security number or ITIN
The Finest Federal Credit Union
thefinestfcu.org
Free Finest Checking

Account Opening Option

  • Visit branch

ID Requirements

  • Must be a member of the Credit Union
  • Valid or current government-issued photo ID such as a passport or state ID
  • Proof of address
  • Social Security number or ITIN


STEP 2: Enroll in Direct Deposit. After you open your checking account, enroll in direct deposit. You can contact your employer’s Human Resources or Payroll departments for the direct deposit enrollment form. You’ll need to provide your routing and account numbers to set up direct deposit.

City Employees: You can enroll in direct deposit online using Employee Self-Service (ESS) OR Payroll Portal (for Department of Education employees).