We've merged effective January 1, 2020 and while this website may still bear the name and logo of Westminster Savings Credit Union, we are in the process of revising all print and digital materials to bear the name of the new legal entity - Prospera Credit Union. We appreciate your patience during this transitional period.

Direct Deposit

The Canadian government is phasing out issuance of cheques and moving to depositing payments directly into bank accounts. By April 1, 2016, Canadian individuals and businesses will no longer receive paper cheques in the mail.

The switch away from paper will reduce government administration costs and see that money is deposited faster and more reliably through electronic means. You can enrol by completing a single form for one or more of the following Government of Canada payments:

  • Canada Child Tax Benefit (CCTB)
  • Canada Pension Plan (CPP)
  • Goods and Services Tax (GST)/Harmonized Sales Tax (HST) Credits
  • Government of Canada Annuities
  • Old Age Security (OAS)
  • Tax Refunds
  • Universal Child Care Benefit (UCCB)
  • Veterans Allowance and Benefits

It’s easy to set up Direct Deposit – just follow these steps:

  1. Complete the Government Direct Deposit form. To download click here.
  2. Print the completed form and mail it along with a void cheque to the address provided. If you don’t have a void cheque, you can visit any Westminster Savings branch and we will stamp Part C of the form with your Direct Deposit information.

If you have questions about your Government payments, call the Receiver General at 1-800-593-1666.

You can have your paycheques, pension and government cheques deposited directly into your Westminster Savings account using Direct Deposit.

Why direct deposit is better

  • It's free - we don't charge you to use this service
  • It's secure - you don't need to worry about losing your cheque, or having it stolen
  • It's convenient - you don't need to visit a branch or deposit into an ATM
  • It's fast - your pay cheque will be in your account on the day that you get paid
  • It's private - your employer only knows your account number, nothing else

Tip!Use a PayDay Plan RRSP to save for retirement painlessly. On the day that you get paid we'll automatically transfer money from your account to your RRSP. Read more.

To set up direct deposit

Check with your employer, your pension plan administrator or government agencies to confirm that they offer this service.

For chequing accounts: If you have a Westminster Savings chequing account simply write "VOID" across a cheque and give it to your employer, pension plan administrator or government agencies. They will use the encoded "MICR" information at the bottom of the cheque to set up the deposit account information.

For non-chequing accounts: If you don't have a Westminster Savings chequing account speak to a Westminster Savings employee. We'll help you determine the right account information for you to pass along to your employer, pension plan administrator or government agencies.

Act Now! For more information about Direct Deposit

Phone our Member Service Centre at 604-517-0100 or visit your nearest branch for more information.


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Member Service Centre Hours

Monday to Friday 8 am - 8 pm

Saturday 9 am - 4 pm