No. NMAFCU members' direct deposits, ACH, automated credit and debit entries, transfers, all electronic items including retirement and Social Security will be automatically be redirected to PenFed during the merger process. PenFed will automatically notify your direct deposit/ACH originator of the new PenFed account numbers. In some cases, the direct deposit/ACH originator may contact you to confirm the new account information. If the direct deposit/ACH originator does not update the new account numbers, PenFed will notify you in a 60-90 days to seek your assistance in correcting the account number directly.
If a new direct deposit or preauthorized debit is setup after February 1st, 2022, the new PenFed account number and routing number should be used. PenFed's ABA routing number is 2560-7844-6.