Direct Deposit

With Direct Deposit you can enjoy the convenience of having your Payroll or Social Security check deposited directly into your Checking Account. Your Employer or the bank can sign you up today.

You can also save money conveniently by setting up an automatic savings plan where a portion of your check goes directly into your Savings Account.

Direct Deposit is the electronic transfer of your paycheck, benefit check or other payment into your checking or savings account. Instead of receiving your check in the mail and taking it to the bank, you can rest assured that your money is in your account and available to you the morning of the deposit.

Direct Deposit offers the convenience of no more special trips to the bank to deposit your check, the reliability of no longer having to wait for your check to arrive in the mail and the security of not having to worry about lost, stolen or misplaced checks.

Quick Facts About Direct Deposit

	Direct Deposit is the electronic transfer of a payment from a company, the government or an organization into an individual’s checking or savings account.
	Direct Deposit is a smart way to get paid. It's ideal for more than just payroll. It's great for tax refunds, pensions, dividends and bonuses. It's more confidential than getting a check because fewer people are involved in the process.
	The benefits of Direct Deposit to both consumers and companies are numerous. This is why more than 80 percent of large companies offer Direct Deposit, and it has become an important part of today’s employee benefit packages.
	Direct Deposit is safe, confidential, convenient and fast. Typically, employees who use direct deposit receive their pay in their bank accounts the evening before payday.
	Problems with Direct Deposit are rare. The chance of having a problem with a check is 20 times greater than that with direct deposit. And if a problem ever does occur, it is easy and simple to correct. Social Security has been using Direct Deposit since 1976 and has never lost a payment.
	Ninety-Seven percent of those who use Direct Deposit are very satisfied with it.
	Seventy-one percent of employees who have Direct Deposit available use it.
	Companies can save up to $1.25 per payment by using Direct Deposit instead of checks.
	A company of any size can offer Direct Deposit to its employees. Most payroll programs have a Direct Deposit feature built right in.
	Black River Country Bank is a great resource for more information on setting up and using Direct Deposit, at the lowest price around.

For individuals interested in setting up Direct Deposit, contact any customer service representative at either location.

For businesses interested in setting up Direct Deposit for employees, contact the Bookkeeping Department at the Black River Falls Office.

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Rates and terms accurate as of December 15, 2005.

Email brcbank@brcbank.com or call (715) 284-9448 for more information.