Direct Deposit and Direct Payment from 1st Source Bank

Personal Banking

		Direct Deposit What is Direct Deposit? Consumer Benefits Company Benefits


Checking Accounts Savings Accounts Personal Asset Management Loans&Credit Cards Private Banking Insurance Electronic Banking Services for Seniors Programs for Youths Web Resources Customer Service Calculators		Company Benefits Payroll Direct Deposit is great for your employees! Consider these nationwide statistics: more than 80% of US companies with 100+ employees use Direct Deposit to distribute their payroll 71% of employees at companies which offer Direct Deposit use it 97% of employees with Direct Deposit payroll are very satisfied with it Direct Deposit reduces payroll problems and is ideal for employees who travel a great deal or work outside the office. Payroll Direct Deposit can save you money! Companies can save up to $1.25 per payment by switching from paper checks to Direct Deposit. And because your employees no longer need to run to the bank to cash their checks, lost productivity time may also be reduced. Direct Deposit also eliminates the possibility of lost or stolen checks, so payments don't have to be stopped or checks replaced. Payroll Direct Deposit is easy to set up! Setting up payroll Direct Deposit is easier than you think. 1st Source Bank's Easy Banking Club can handle all the details and help promote the program to your company's employees. The Easy Banking Club also comes with a number of great benefits including interest-bearing free checking, loan discounts and a variety of other special services just for Club members. To find out how 1st Source can help your company enjoy the advantages of Direct Deposit, click here.