Celebrate Direct Deposit Month with FSV

May 25, 2010

May is National Direct Deposit and Direct Payment Month, and, at FSV, we know firsthand the benefits of direct deposit. Many organizations long to capture the cost and productivity savings associated with direct deposit but think they can never achieve 100% electronic pay because a number of their employees don't even have bank accounts. Some of our payroll clients felt this way before partnering with FSV.  We worked with them to develop custom, compelling direct deposit campaigns that offer payroll cards to employees without bank accounts so that they, too, could finally enjoy the benefits of electronic pay.

NACHA, the Electronic Payments Association, is celebrating National Direct Deposit Month, as well.  They're providing free tools and resources to encourage organizations like yours to embrace the cost effectiveness, speed, security and convenience of electronic payments.  You can learn fun facts about direct deposit or download free marketing materials, including:

• Print advertisements
• Informational brochures and displays
• Web banner advertisements

They even provide an interactive direct deposit calculator that demonstrates how much your organization could save by switching your payroll to direct deposit.  Even if many of your employees don't have bank accounts, your organization can still participate in these savings, because FSV provides a viable, desirable alternative for employees without bank accounts - FSV's PaychekPLUS! Elite^® Visa^® payroll cards.

Deneka Scott
Senior Vice President