What Does Nickname Mean For Direct Deposit?

What does bank account nickname mean?

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Account Nicknames.

Personalize your accounts by giving them a unique nickname.

For Example, if Savings account number 12345-1234567 is the account you are using to save for your child’s education, you could name it “College Fund”..

How do I find my account nickname?

How to Nickname Your Account(s)Once logged in to Online Banking, from the Customer Service menu select Settings.Under the Account section, select Account Nicknames.To change the nickname, enter the desired name in the Account Nickname field then select Update.You will receive confirmation that your account list has been successfully updated.More items…

What does amount or percent mean for direct deposit?

Amount or Percent • If you chose Amount for Deposit Type then enter the dollar amount you want. deposited. • If you chose Percent for Deposit Type then enter the percentage of your check. (less than 100) that you want deposited.

What is direct deposit election?

ABOUT PAYMENT ELECTIONS. Payment Elections distribute payroll payments between different bank accounts (checking or savings), and specify the payment method, such as check or direct deposit. You can change your payment elections by dividing your pay between multiple bank accounts, if you choose.

What does transferring money nickname mean?

Nicknames are given to your payees to help you identify your accounts quickly. To change a payee nickname, from the list of people and businesses you pay, click the payee you wish to change and then click Change payee nickname.

Can I rename my bank account?

Next to the Bank Register you’d like to change the name on, click the drop-down ▼ and select Edit. Enter the new one under Name. Click Save and close once finished.