Discover the benefits of direct deposit at Heritage Bank NA. Streamline your payday and enjoy enhanced security and convenience with your checking account. In this post, you’ll learn how direct deposit can simplify your banking experience and provide peace of mind for you as an employee or a small business owner. Let us show you how direct deposit can transform your banking experience month after month.
What is Direct Deposit
Direct deposit is a method of transferring funds electronically into a recipient’s bank account. It’s the flip side of the old paper paycheck model, where employees had to go to their banks to deposit physical checks into their accounts. Heritage Bank NA has seamlessly integrated this technology into our suite of banking services to ensure a swift and stress-free transfer of funds.
Benefits for Customers
Immediate Access
Be the first to know your payday is here! Direct deposit is the fastest and most reliable way to get paid. You’ll often receive your payment before you even step into work on payday when you use direct deposit.
Save Time and Simplify Your Payday
Direct deposit converts your paycheck into electronic funds that land seamlessly in your Heritage Bank NA account. No more checking bank hours, no more lines. Just instant access to your hard-earned money.
Security
Paper checks pose unfortunate but real risks of theft and loss. Direct deposit eradicates these concerns. Your funds zip past these hazards directly into your account, where they’re safer and more secure.
Eco-Friendly
Go paperless and reduce environmental waste associated with paper checks.
Benefits for Small Business Owners
Small business owners benefit from direct deposit in ways that streamline operations and enhance the employee experience. We at Heritage Bank NA understand the myriad of challenges you face. In addition to offering a suite of business checking products, we’ve also tailored our direct deposit service to simplify your payroll process.
Efficiency through Streamlining
Direct deposit slashes the time and resources spent on payroll. Our system integrates seamlessly with your current payroll practices, efficiently processing payments without needing paper checks.
Accurate Payroll
Manual errors in payroll can be costly and time-consuming. Direct deposit ensures prompt and precise wage payments, contributing to employee satisfaction and overall morale.
Cash Flow Control
With direct deposit, you control the timing of wage payments, giving you a better handle on cash flow. This flexibility can be especially crucial during peak business periods or when managing expenses.
Get the Benefits of Direct Deposit with Heritage Bank NA
We understand that change, even potentially beneficial change, can sometimes be daunting. However, with direct deposit through Heritage Bank NA, the process is as clear-cut as the numerous benefits.
- Log Into Your Online Banking Account
Start by accessing your digital banking account with Heritage Bank NA. You can do this using our mobile app or by visiting our website and navigating to the login page in the upper right.
- Retrieve Your Account Information
Once logged in, locate the account where you want to deposit your money. Click the account, and in a window to the right, you will find your account number and routing number—two critical pieces of information needed for direct deposit. You will need to click “show” to view your entire account number.
- Contact Your Payroll Provider or HR Department
Next, you’ll need to inform your employer of your desire to receive payments via direct deposit. This can typically be done through your payroll provider’s online portal or directly contacting your company’s HR department to obtain the necessary paperwork.
- Provide Your Banking Details
Whether you are submitting your information online or through a form, enter your Heritage Bank NA account number and routing number in the designated fields.
- Customize Your Deposit (Optional)
While setting up your direct deposit, you may have the option to:
- Specify what percentage of your paycheck you’d like deposited into this account
- Decide when you want your direct deposit to begin
Whether you’re an existing customer or starting out with a checking account, perhaps our ecentive checking account, we invite you to embrace a more streamlined, safe, and accessible banking experience. Take that step to set up direct deposit on your accounts, and you’ll soon see the advantages it presents – less hassle and more time for things you value.
If you need help setting up direct deposit for your Heritage Bank NA account or want to learn more about your benefits of direct deposit, contact a Universal Banker toll-free – 1-800-344-7048
