Human Resources (HR) is phasing out paper paychecks. Employees who currently receive a paper check and have been individually contacted by HR, will have the option to sign-up for a Visa-branded payroll card and/or enroll in the direct deposit system.
Signing up for the pay card will allow employees who either don’t have a bank account or don’t want to use an existing account, access to their funds using a reloadable Visa-branded debit card. These cards are funded each pay date and are accepted anywhere Visa is accepted. These are not credit cards, so the amount available is equivalent to the funds in the account. Some of the perks of the card include:
Enrollment forms are available in the Human Resources office or online. Upon completion of the enrollment, applicants can expect to receive their personalized card in the mail within seven to 10 business days. Once the card is activated and funds are loaded, the card is ready to use.
Individuals who don’t wish to sign-up for the payroll card, may instead sign-up for funds to be directly deposited in a checking or savings account. They may also select to have funds divided between the payroll card and direct deposit. This is convenient for saving for the holidays, vacation or other large purchases. Enrollment forms for direct deposit also are available in the Human Resources office or online.