Direct Deposit

 

Directing the savings to you.

Direct Deposit is a smart way to pay employees, retirees and shareholders. It can save your company time and money, increase productivity and improve your employees’ job satisfaction. And it’s safe. Today we can split an employee’s pay into more than six accounts!

Direct Deposit saves you money.

  • Dramatically reduces check usage.
  • Eliminates lost checks and other issues.
  • Reduces financial institution service charge.
  • Lowers administration costs due to elimination of manual check preparation.
  • Creates overall savings.

Direct Deposit is safe and confidential:

  • Improves confidentiality.
  • Resolves any problems quickly.
  • Cuts fraud.
  • Reduces security needs.
  • Direct Deposit saves you time and is easier to administer:
  • Eliminates trips to the bank.
  • Eliminates trips to the office.
  • Simplifies account reconciliation.
  • Direct Deposit is fast:
  • Gives people access to their payments earlier than a check.
  • Eliminates waiting for a check to clear.

Direct Deposit helps you manage your finances:

  • Divides money between accounts – multiple account deposits from one paycheck.
  • Gives you more control.
  • Provides easy reporting.