Common use of Credit Union Checkoff Clause in Contracts

Credit Union Checkoff. Employees may individually elect to have monies deducted from their pay for deposit in the 65 Family Federal Credit Union and/or the Cumco Credit Union. Upon authorization by the Credit Union and the employee, said deductions shall be made each pay period and transmitted to the credit union subsequent to said pay period. Deductions may be changed no more than two (2) times during a fiscal year. The Board shall make payments by payroll deduction to the Cumco Credit Union, if requested by an employee.

Credit Union Checkoff. Employees may individually elect to have monies deducted from their pay for deposit in the 65 Family Federal Credit Union and/or the Cumco Credit Union. Upon authorization by the Credit Union and the employee, said deductions shall be made each pay period and transmitted to the credit union subsequent to said pay period. Deductions may be changed no more than two (2) times during a fiscal year. The Board shall make payments by payroll deduction to the Cumco CumCo Credit Union, if requested by an employee.