FAQS ABOUT DIRECT DEPOSIT/ELECTRONIC CONTRIBUTION
Q. What is an Electronic Contribution?
A. Electronic Contribution is an automatic transfer program, which allows you to make contributions to St. Francis of Assisi Parish without writing a check.
Q. What are the advantages of Electronic Contribution?
A. It Saves you time. It simplifies your life. You also help St. Francis stabilize our budget and save money.
Q. How is my Electronic contribution deducted from my account?
A. Once you authorize the transfer, your specified contribution is electronically transferred directly from your checking or savings account to St. Francis' operating account.
Q. When will my contribution be deducted from my account?
A. You will choose either weekly deductions (Fridays) or monthly or bimonthly on the 5th and 20th of every month (after the 5th and 20th if they fall on a weekend).
Q. How much does Electronic Contribution cost?
A. It costs you nothing and saves you time and possibly postage!
Q. If I don't write checks, how do I keep my checkbook balance straight?
A. You will also receive from our bank an e-mail notification of each transfer.
Q. Without a canceled check, how can I prove I made my contribution?
A. In addition to receiving e-mail notifications from our bank, your bank statement gives you an itemized list of electronic transfers. It's your proof of contribution.
Q. Is Electronic Contribution risky?
A. Electronic Contribution is less risky than check contribution. It can't be lost, stolen or destroyed in the mail, and it has an extremely high rate of accuracy.
Q. What if I change bank accounts?
A. Call the Parish Center to stop transfers from your old account and to provide your new account information.
Q. What do I do with my weekly envelopes?
A. We will automatically remove you from our envelope list.
Q. What if I want to contribute to Holy Day or special collections?
A. Only transfers that you've authorized will be made electronically. For special collections and Holy Days you may use envelopes located in the church pews.
Q. What if I try Electronic Contribution and don't like it?
A. You can cancel your authorization for Electronic Contribution at any time by
notifying us.
Q. How do I sign up for Electronic Contribution?
A. Complete and sign the authorization form and put it in the Sunday collection basked or return it to the Parish Center office with a voided check or savings deposit slip.
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