Benefits of Direct Deposit |
- Eliminates special trips to the bank.
- Eliminates the preparation of deposit slips.
- No waiting in line at the bank.
- Bank teller doesn't know amount of your pay.
- Pay is deposited whether employee is out sick, on vacation, or traveling on business.
- No delays in receiving checks due to department delivery procedures.
- No worrying about a lost or stolen check.
- Direct Deposit amount clearly identified on monthly bank statement.
- May direct deposit into financial institution of your choice.
- May deposit into two different accounts in same financial institution. OR
- May deposit into two different financial institutions.
- Eliminates transferring money between financial institutions.
- Encourages savings.
Please feel free to contact your Payroll Specialist with any questions
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