Payment Plan and Deductions for Payments to Tri-County Federal Credit Union Clause Samples

Payment Plan and Deductions for Payments to Tri-County Federal Credit Union. 1. The Board agrees to deduct and withhold for each payroll period, from such compensation as may be due to any employee, such sum as may have been specifically authorized in writing by said employee, and pay overall amounts so deducted to the Tri-County Federal Credit Union. 2. An employee may withdraw written authorization at any time by filing 30 calendar days written notice with the Secretary of the Board. No employee shall be required to participate in this program.