Payroll deduction is a special benefit extended to Creighton Federal members that allows a pre-set amount to be deducted from your payroll.
Your payroll deduction can be a deposit to a savings or checking account, or an automatic loan payment. Use payroll deduction to build a savings account for that special purchase, or as a down payment for your next car or house.
Payroll deduction makes loan repayment easy, especially if you're paid twice a month. Make one-half of your monthly loan payment with each pay period.
If you're saving for retirement, a payroll deduction deposit to an IRA Savings account will really ad up over time. To authorize the start of payroll deduction, or to change the amount or destination of your existing payroll deduction, complete the payroll deduction authorization form. Payroll deduction is a special service made possible by arrangement with certain employers such as Creighton University, Alegent Health, and others.
If your employer does not offer payroll deduction, please inquire through your payroll department.