With the Amalgamated Bank Nursing Home Employee Payroll Program your employees can get the benefit of direct deposit - regardless of whether or not they maintain an account at Amalgamated Bank.
For employees with existing banking relationships, Amalgamated Bank will be happy to assist them in setting up payroll direct deposit into those accounts. For those employees electing to deposit their pay with Amalgamated Bank, we are also pleased to offer the "Nursing Home Employee Payroll Account" (NHEPA) featuring an FDIC-insured direct deposit core account along with the NHEPA Cash Plus Card - which employees can use to access their money at any conveniently located NYCE®, CIRRUS®, or MAC® ATM.
Additionally, since the Amalgamated NHEPA Cash Plus Card is also a MasterCard® debit card, it can be used to make purchases at any merchant displaying the MasterCard symbol. And best of all there are no annual membership fees for your employee to worry about.
Consider the following proven employer benefits: reduced time to print & sign checks, fewer fees, simplified account reconcilement, reduction of paycheck problems and easier payroll research.
AB will provide materials for employee enrollment in payroll direct deposit. Additionally, we will conduct "banking days" at your work site to personally set-up and explain the benefits of direct deposit to your employees.
All deposit accounts listed are FDIC insured.
For more information on the Amalgamated Bank Nursing Home Employee Payroll Program, or to make an appointment, call one of our Health Care Relationship Managers at (212) 895-4600, or email us at hcfs@amalgamatedbank.com.
