Business

Skip to main content
 

With the new changes to the banking system, the banking numbers that must be used for direct deposit and direct withdrawal are :

Branch / Transit number 39073
Institution number / FI Code 839

Set up a Direct Deposit or Direct Withdrawal.

What is a Direct Deposit? 

A direct deposit offers a safe and convenient way to transfer money straight into your credit union account. It's frequently utilized for payroll, government benefits, tax refunds, and various recurring payments. This method removes the necessity for paper cheques, allowing you quicker access to your funds.


What is a Direct Withdrawal? 

Also known as a Pre-Authorized Payment, a direct withdrawal is a process where money is automatically taken from one account, usually a credit union or bank account, to pay for goods or services. This is often set up for regular payments, such as bills, subscriptions, or loan payments, and is authorized by the account holder in advance

 

 
 
 
Frequently Asked Questions (FAQs)

No, your Member ID and Account Number are completely different things. You use your Member ID to log in to your Online Banking or Mobile Banking. It's not used for any other purpose, while your Account Number relates to your banking information with regards to a particular account. 

For any banking information you must always use your "Account Number".

A branch number or transit number is a 5-digit number that provides information about the branch where you open or maintain your account.  For Provincial Credit Union, the number is 39073.
An Institution Number is a 3-digit number that is assigned to a certain financial institution to identify them. For Provincial Credit Union, the number is 839.

You can locate your account number using your Online Banking or Mobile Banking.  Watch the video to learn how to find it or follow the step by step instructions below.


Online Banking:
Log into your online banking --> Go to My Accounts --> Select the account of your choice --> Click on "Account details" --> "Account Number" is the 10-digit account number you need.


Mobile Banking:
Log into your Mobile banking --> Click on Accounts --> Select the account of your choice --> Click on "Account details" --> "Full Account Number" is the 10-digit account number you need.

The Government of Canada provides a range of benefits and payments through direct deposit. Visit their site to find the specific deposit you need and to learn how to apply.