Questions & Answers About Newburg's EFT Program
Q: What is Electronic contribution?
A: Electronic contribution is an automatic transfer program that allows you to make your contributions without writing checks.
Q: How is my electronic contribution automatically deducted from my account?
A: Once you authorize the transfers, your specified contribution is electronically transferred directly from your checking or savings account to the church's account.
Q: When will my contribution be deducted from my account?
A: On the due date that was specified on your sign up form. You never have to worry about forgetting a contribution.
Q: If I do not write checks, how do I keep my checkbook balance straight?
A: Since your contribution is made at a pre-established time, you simply record it in your check register on the appropriate date.
Q: Without a cancelled check, how can I prove I made my contribution?
A: Your bank statement gives you an itemized list of electronic transfers. It is your proof of contribution. In addition, your statement from Newburg will show your contributions just as it always has.
Q: Is electronic contribution risky?
A: Electronic contribution is less risky than check contribution. It cannot be lost, stolen or destroyed in the mail. It has an extremely high rate of accuracy.
Q: What if I change bank accounts or want to change my contribution amount or allocation?
A: Notify the church and ask for a new authorization form to complete. Please give us at least two weeks to set up the change.
Q: How much does electronic contribution cost?
A: It cost you nothing and saves you time. There is a cost to Newburg of 25 cents for each transaction. However, the current envelope system costs Newburg about $8 per year per member. By discontinuing envelopes for EFT participants, we hope to balance off or reduce the overall costs.
Q: What if I try electronic contribution and don't like it?
A: You can cancel your authorization by notifying the office at any time. Your cancellation must be in writing, just as your original authorization was.
Q: How did Newburg select the service that will handle the EFT program?
A: The service that Newburg is using is the one selected and recommended by the United Methodist Church's General Council on Finance and Administration.
Q: When can I start EFT?
A: You may sign up any time. We need about two weeks notice before the first contribution date to get your account set up.
Q: What if I have other questions?
A: Contact Finance Committee members Russ Crum (734-981-3671) or Gary Fry (734-459-5631).
Q: How do I get a form and sign up?
A: You may pick up a sign up form in the church office. You may also download the form here.
The downloaded file can be completed on your computer if you have Adobe Reader or the full Adobe Acrobat software. The resultant file can only be printed, not saved, unless you have the full version of Adobe Acrobat. The form can also be printed and completed by hand.
NOTE: This form is in Adobe PDF file format. PDF format documents may require Adobe Reader on your computer to view them. Adobe Reader may be downloaded here if you do not already have it.
The completed form may be returned to the church office or given to Russ Crum or Gary Fry. If you mail it to the church office, mark it "eft signup".