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Payroll Cards
mike radlovic
 
Cost Benefits to the Employer

Costs Savings

Provides the opportunity to increase the number of direct deposit employees, thus reducing costs related to processing and mailing paper checks. No set up costs involved.

Payroll Cards Are Secure

Virtually eliminates check fraud, provides tracking of unchashed checks or lost/stolen check replacement.

Safety

All individual card funds are FDIC insured. With $1 billion in assets, Stearns Bank is consistently recognized for top performance among banks across the nation.

Control

You control your enrollment process and TranStar provides a cutting-edge reporting system to effectively manage your program.

Convenience

No special processing is involved. Simply load payroll through your normal, payroll direct deposit method. A bank routing number and individual card number is provided for every card. No required minimum or maximum number of enrollees.


Program Functionality Includes:

Payroll Card Implementation

  • New Client implementation and set-up
  • Program guide for client
  • Access to Processing My Card Place (MCP) for
  • Cardholder/Program Administrators

Program Support

  • Personal training
  • Materials fulfillment
  • Full suite of management reports
  • Robust technology platform with proven disaster recovery and contingency plans
  • General Technical Support with in-hour IT staff
  • Ongoing client support

Payroll Card
 
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