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Direct Deposit
Improve the efficiency of your payroll deposits and offer your employees convenience and security with Direct Deposit from Monroe Bank & Trust.
Features and Benefits
- Eliminates the need for time-consuming check writing.
- Convenient for employers and employees alike.
- Eliminates lost and stolen checks and mail delays.
- Whether you're on vacation, sick, or on business, your employees pay will automatically be deposited into their accounts.
- Employees still receive a pay stub from you as well as detailed account statements.
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Win-Win Cash Management
Offer your employees enhanced convenience and security, while keeping tighter control over your cash flow. With Direct Deposit from MBT, everyone wins.
Your employees will no longer worry about leaving early or taking long lunches to cash their checks. With Direct Deposit, the funds are electronically deposited into their accounts on regularly scheduled dates that you specify. With Direct Deposit, they’ll also receive their payments even when traveling or on vacation. Plus, they’ll enjoy increased reliability and the security of paper-free deposits.
MBT Direct Deposit benefits your business, too, saving you from additional paperwork and giving you better control over your cash flow.
Ask us about our "Bank at Work" program and how it can help encourage your employees to get signed up for Direct Deposit.
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