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Business Direct Deposit
Employee Relationship Discount
Businesses that enroll 5 or more employees with direct deposit of net pay will be eligible for rate reductions on a Working Capital Line of Credit. Earn up to a 1.00%APR* discount down to the current prime rate.**
Each payday your employees paychecks are sent by you or your payroll company electronically in to accounts they established with Infinity FCU.
Benefits for YOUR EMPLOYEES:
- Immediate access to their funds
- Sign-On Bonus of 2,500 UChoose Reward Points ($25.00 value)
- Direct Deposit lets your employees begin earning dividends immediately
- Safe, quick, and convenient
Benefits for YOUR BUSINESS:
- Improved internal control by not handling negotiable checks
- Increased efficiency by not having to perform the check-signing process
- Simplified business account reconciliations because there are no outstanding payroll checks
- Loan Discount**
Employee Enrollment:
- Employees become members of Infinity FCU by opening a Share Account with a $5 deposit at any of our four convenient branches. Onsite enrollment options available with our Bank at Work Program.
- Employees open a checking account
- Employees set up Direct Deposit using ClickSWITCH. It's fully automated, convenient and takes less than 10 minutes. Easily move recurring payments and direct deposits to the new account - all with the click of a mouse. With ClickSWITCH, account information is transferred instantly.
Let Infinity Federal Credit Union (FCU) put an end to the payday runaround with Direct Deposit. For more information, email a Business Service Representative or call 207-854-6000 ext. 4140
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