1-7. United Credit Union Deductions
1-7.1. Deduction.
The BOARD shall deduct from the pay of each full-time bargaining unit employee who is a member of the United Credit Union from whom it receives an authorization to do so the bi-weekly amount authorized by the member for savings/shares in the United Credit Union.
1-7.2. Authorization.
Each eligible bargaining unit employee may have one authorization agreement and options to increase or decrease the member’s share/savings during the calendar year.
1-7.3. Remittance.
Such amounts deducted from the member’s bi-weekly payroll shall be forwarded electronically via the Automatic Clearing House to the member’s account at the United Credit Union no later than ten work days after such deductions are made. A list of persons from whom funds have been deducted in a sequence mutually acceptable to the BOARD and the United Credit Union shall be made available to the United Credit Union no later than ten work days after such deductions are made.
1-7.4. Authorization Forms.
The United Credit Union shall submit authorization cards for deduction upon forms approved by CPS.