First Citizens Bank

Payroll Card Program

First Citizens offers your business the Payroll Card solution. Through this partnership, you have the opportunity to enroll in a Payroll Card Program that can reduce your payroll-related expenses and at the same time provide a safer, more convenient way for your employees to receive their pay.

Here's How it Works

Each payday, your employees’ net pay is automatically deposited to their personalized, re-loadable Payroll Card. The Payroll Card allows them to access their funds 24 hours a day at ATMs and at any merchant that accepts debit cards. The Payroll Card is not a credit card; each time the card is used, the purchase amount is deducted immediately from the available balance.

Who is Right for Payroll Cards

Your business can benefit from Payroll Cards if you have:

• A desire to increase direct-deposit penetration among your employees, but have been unable to do so due to a large number of employees without bank accounts

• An agricultural, manufacturing or service related business such as a restaurant, landscaping, temporary staffing, etc

• An existing or future direct deposit relationship with First Citizens Bank

Benefits for Your Business

With the Payroll Card Program, you can greatly reduce the time you spend preparing your payroll and possibly reduce or even eliminate many payroll related expenses, including:

• Payroll check printing, processing and distribution costs
• Lost/stolen check replacement fees
• Stop payment fees
• Payroll check fraud

Payroll Cards not only help you attract and retain your employees, but are:

Cost-Effective and Flexible

• In addition to payroll, you can issue the Payroll Cards for a variety of purposes including incentive, travel, procurement and employee expenses.

• In emergency situations, you can issue instant PIN cards for immediate cash access.

• First Citizens offers a turn-key Payroll Card solution— meaning nearly all the work is done for you. Training and marketing materials are provided for you, and the employee enrollment process is made as easy and as smooth as possible.

Benefits for Your Employees

Convenience and Safety

Your employees will no longer need to carry large amounts of cash, run the risk of a paycheck being lost or stolen, or worry with the hassles and fees of check-cashing.

Your employees will be able to:

• Make point-of-sale purchases anywhere debit cards are accepted

• Get cash back at the point-of-sale at participating merchants

• Withdraw cash at ATMs worldwide—Cash withdrawals at First Citizens Bank ATMs are surcharge-free

Protection, Privacy and Customer Service

• Payroll Card funds are FDIC insured

• Employers do not have access to employee card transactions

• Customer service is available by phone 24/7 in both English and Spanish

• Cardholders are not liable for fraudulent purchases made with a lost or stolen card

• Employees can access transaction and balance information through the customer service line or on the Internet