Direct Deposit Authorization

I hereby authorize and request Vermont State Colleges, hereinafter called VSC, to make payment of all amounts owed to me for wages by initiating credit entries to my account(s) indicated in the bank(s) named below, hereinafter called bank(s) and I authorize and request banks to accept any credit entries initiated by VSC to such account and to credit the same to such account without responsibility for the correctness thereof. 

It is understood that this agreement may be altered by me at any time by written notification to VSC or bank(s). ANy such notification to VSC shall be effective only with respect to entries initiated by VSC after receipt of such notification and a reasonable opportunity to act on it. ANy such notification to bank(s) shall be effective only with respect to entries credited to my account by bank(s) after receipt of such notification and a reasonable time to act on it.