Easy Banking Club

More and more companies are discovering the advantages of payroll direct deposit through 1st Source Bank's Easy Banking Club. Not only is it a great cost and time saver, but it's a source of financial benefits for your employees as well. You see, the Easy Banking Club is more than just a direct deposit program, and it's much more than a free checking account -- it's a whole assortment of special services and discounts, covering everything from mortgage loans to online Banking to insurance policy reviews.

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The Easy Banking Club's benefits for employers

• Administrative efficiencies -- Having your company's payroll direct deposited can significantly reduce the amount of time you spend on payroll matters. The problem of lost or stolen checks is entirely eliminated, payments to out-of-town and absent employees are no longer delayed, and there aren't any processed checks to store. And knowing that all payroll funds clear on payday makes for easy reconciliation and can even improve the timing and predictability of your company's cash flow.
• Cost Reductions -- Direct deposit saves you money as well. Per item, the cost of printing and handling payroll stubs is lower than with traditional paychecks. What's more, because their money is deposited automatically, employees no longer need to take time off work or extend their lunch hours for payday trips to the bank.

Setting up an Easy Banking Club at your company is simple. If you currently use an outside processing firm, direct deposit is usually as easy as asking for it. And if you process your payroll internally, 1st Source can provide you with user-friendly software.

The Easy Banking Club's benefits for employees

Easy Banking Club members enjoy a variety of benefits in addition to direct deposit. They receive a free checking account which pays interest on balances over $750. The account includes a free Resource or Resource Plus card for quick access to money through our extensive network of Resource Centers (ATMs). The benefits of being a Club member also include discounts on consumer loans, mortgage closing costs, Online Banking and safe deposit box rental. To find out more about these and other benefits, be sure to click the button below.