Efficient Treasury Solutions services can help you manage cash flow, maximize investment income, deter fraud and simplify everyday tasks. Our dedicated professionals can work with you to develop a plan for your unique business model.
PAYROLL DIRECT DEPOSITMore Info & Help
Payroll Direct Deposit is an electronic payment service that is designed to increase the efficiency of your payroll operations and benefit your employees.
Payroll and expense reimbursement funds may be deposited to your employees' checking and savings accounts utilizing the Automated Clearing House (ACH) network. Payroll Direct Deposit is an extremely flexible service with no minimum number of participants required.
- Eliminates the cost of payroll checks.
- Reduces reconcilement time and cost.
- Reduces payroll processing costs.
- Eliminates stolen, lost, delayed or altered checks.
- Enhances security and confidentiality of sensitive payroll information.
- Ensures that funds will be available to your employees on payday.
- Minimizes employees' personal trips to the bank during office hours.
- Easily accommodates the payroll needs of employees who are absent or on vacation.