Human Resources

University of Massachusetts > Human Resources > Investment & Banking Opportunities

Direct Deposit

Participation with most banks for direct deposit of paychecks into savings, checking, or credit unions.
Click here for more information about direct deposit and to obtain a list of participating banks.

Credit Union

UMASS Five College Federal Credit Union
(800) 852-5886 or visit UMass Five College Federal Credit Union website.

Metro Credit Union for MA State Employees  (877) 696-3876 or visit the Metro Credit Union website.

Savings Bonds

Click here for more information about Savings Bonds.

529 College Savings Program

With as little as $15 per month through direct deposit, you are able to start saving for the cost of higher education through:

MEFA's U.Fund 529 College Investing Plan with Fidelity Investments: www.mefa.org/ufund

For more information or to enroll, go online to www.fidelity.com/ufund or call 1-800-544-2776 to speak to a dedicated U.Fund College Investing Plan representative.

Once your account has been set up with Fidelity, your contributions can be made automatically from your bank account, your Fidelity Account, or with direct deposit from your paycheck.

• Direct Deposit (PDF) - Payroll Direct Deposit Form

Submit direct deposit form to Human Resources for processing.

The PDF files on this page require the free Adobe Acrobat Reader.