Paycards replace paper paychecks this July
After July 1, CU will permanently swap paper payroll checks for paycards, giving you an easier, greener and more secure means of getting paid. The university has teamed with security services provider Brinks to issue CU employees Brink's Money cards, alternatives to paper paychecks and traditionally managed direct deposit accounts. (Please note: Only CU employees who receive paper paychecks will be sent paycards. If you are signed up for direct deposit, you will continue to be paid that way.)
Switching to paycards will allow CU to comply with state regulations while bestowing a variety of benefits to its workforce. The change will save CU more than $50,000 each year on printing and mailing paper checks.
Paycards will be CU’s default pay option. If you fail to sign up for direct deposit, you will be mailed a paycard. Each pay period, CU will load your paycard with the money you've earned, which you can withdraw or transfer starting at 7 a.m. MDT.