Convenience Services

Direct Deposit

Enjoy the safe, convenient and time-saving way to deposit your paycheck into your Credit Union account(s).

  • Save time and worry about delayed mail!
  • With your authorization, your employer can send funds directly to the account you designate.
  • The direct deposit program may also be used for Social Security and other benefit/pension checks.
  • Further distribution of funds to other credit union accounts and loans can be set up by contacting a credit union representative.

To set up Direct Deposit, provide your employer or other payment provider with East River Federal Credit Union’s routing/ABA #291479453.

  • To deposit funds to your East River FCU checking account. This is the 9 digit set of numbers on the bottom of your check. For simplicity and accuracy, you may want to provide them with a voided check.
  • To deposit funds to your savings account. Provide them you’re your savings account number and the savings account suffix.

Payroll Deduction

Enjoy the safe, convenient, and time-saving way to bank your pay – with payroll deduction of your paycheck to your Credit Union account(s). This service is great for savings, Kids Club accounts, Holiday Clubs and especially loan payments.

Have a portion of your paycheck deposited into your accounts at the Credit Union automatically, as specified. Payroll deduction is the easy, painless way to build a sound saving habit or use it to effortlessly repay a loan.

To sign up, simply call or stop by the credit union to complete a payroll authorization form and your deductions will happen automatically each time you get paid.

Mobile Deposit Capture

Mobile Deposit Capture is accessible through the East River Federal Credit Union Mobile Banking app and provides a simple, secure way to make deposits to your checking account. A link on the mobile app allows you to take a front and back picture of the check you would like to deposit, whenever or wherever it's convenient for you.

Phone Banking

Too busy to drop by East River Federal Credit Union? Is the Credit Union closed when you need to make a transfer? Call East River FCU’s FREE Phone Banking! It is your 24 hour, any day of the year telephone teller!

All you need is a touch-tone phone and our friendly Phone Banking voice will guide you through any transaction you can do in person at the Credit Union.

Use Phone Banking to:

  • Transfer funds
  • Make loan payments
  • Check loan and account balances
  • Receive loan payoff amounts
  • Verify cleared checks
  • Verify deposits made
  • Withdraw funds
  • And much more!

The menu is easy; all you need to know is your account number, account suffix’s and Personal Identification Number (PIN).

Try it and see for yourself how easy it is to access your accounts from your home, work, or anywhere you happen to be.

Call (866) 489-5567 to access your accounts today!

Savings Bonds

Redeem a Paper Savings Bond

If you have a paper Savings Bond you would like to cash in, you can redeem your bond(s) at East River Federal Credit Union.

To calculate the value of your paper Savings Bond, use the U.S. Treasury's online calculators by clicking here.

Please note that all financial institutions will continue to redeem paper Savings Bonds, but as of January 1, 2012, you can only purchase a NEW Savings Bond online at

Buy electronic savings bonds online

Savings bonds are available for purchase as electronic issues in TreasuryDirect®. TreasuryDirect® is a secure Web-based system that allows investors to establish accounts to purchase, hold, and manage Treasury securities online at

Advantages of TreasuryDirect®

Here are some of the advantages of TreasuryDirect®:

  • Security. TreasuryDirect® bonds are electronic, and securely stored in your online account. No paper bonds to store and manage.
  • Flexibility. You manage your electronic bonds online as your needs and financial circumstances change.
  • Convenience. You manage your Treasury investments 24 hours a day from the convenience of your own home, work, or anywhere that you have online access through a secure Internet connection.
  • Fast. Your electronic savings bonds are posted to your account just one business day after purchase.

Convert paper savings bonds to electronic

Paper bonds can be converted to electronic savings bonds in TreasuryDirect® using a program called SmartExchange®. There’s no charge to convert paper bonds. They won’t lose any of the interest earned, and they retain their original issue dates and interest rate terms.

Purchase electronic savings bonds as a gift

TreasuryDirect® has a gift feature so customers can buy electronic savings bonds as gifts. To purchase an electronic savings bond as a gift, you need the recipient’s full name and Social Security Number and/or taxpayer ID number. The gift bond is placed in your “Gift Box” within your account until you obtain the TreasuryDirect® account number of the recipient and are ready to transfer the bond into the recipient’s account. The gift recipient will then receive an e-mail announcing the transfer of the bond. Anyone 18 years of age or older can be a TreasuryDirect® account holder.

Open your TreasuryDirect® account today

Opening a TreasuryDirect® account is free at Bonds bought electronically through TreasuryDirect® are safely maintained in your account with the U.S. Treasury. It’s convenient and secure. Are you interested in watching an informative video on how to open a TreasuryDirect® account? If so, visit the TreasuryDirect Videos page.

Wire Transfers

A wire transfer is a fast, convenient way for members to transfer funds from their East River Federal Credit Union account to another financial institution.

To wire funds to another institution, you must provide the credit union with the receiving institution’s wiring instructions. The credit union makes no assurances regarding the date or time of delivery.

If you are wiring funds to your East River FCU account, please call the credit union for our wiring instructions.

Please see our fee schedule for a list of wire fees. All incoming wires are free.

Other Convenience Services

In addition to the many services detailed throughout this website, we offer a variety of other convenient services for our members. These include the following:

  • Cashiers Checks
  • Checkbook Balancing
  • Check Cashing for Members
  • Check Images Available on Online Banking
  • Copier Service
  • Drive-Up Window Service
  • Electronic Funds Transfer
  • Fax Service
  • Financial Counseling
  • Accounts are Federally Insured up to $250,000 by NCUA
  • Automatic Loan Payments & Transfers
  • NADA Book Values
  • Night Depository
  • Free Notary Public Service
  • Stop Payments
  • VISA® Credit Card Cash Advance