Fifth Third Bank and Paycor® can help you take the burden of payroll off your plate so that you can free more time in your busy day. Paycor offers a comprehensive payroll system that, coupled with banking services from Fifth Third Bank, can be tailored to meet your organization’s needs.
Your dedicated Paycor Payroll Specialist will customize your payroll processing and direct deposit. Your employees can have payroll funds directly deposited into the account of their choice. Account reconciliation is simplified as your payroll funds are withdrawn in one lump sum, and deposited directly into employee accounts.
With Paycor Payroll Services you receive these benefits:
- Automatic Payroll Tax Filing–Help reduce the burden of filing federal, state, local, county, and school district payroll taxes.
- Direct Deposit–Simplify reconciliation by drawing from your account in one sum and depositing funds into an employee's account of their choosing.
- Paycor Official Checks–Streamline reconciliation and guarantee confidentiality. All checks are drawn on a centralized account, making employee checks readily negotiable. Confidentiality is guaranteed because checks are returned to the bank, not your office.
- Standard and Custom Reporting–Access 30-plus reports securely online or in paper form at no additional charge.
PayCard: a convenient, cost-effective option.
Give your employees immediate access to their pay while reducing your payroll administration costs. Instead of paper check or direct deposit, enrolled employees can receive a reloadable MasterCard® Debit Card—PayCard. Your employees can immediately spend wherever MasterCard is accepted, and withdraw cash from participating ATMs.
- Is funded by ACH direct deposit
- Reduces administration costs
- Includes numerous reporting options for employees
- Eliminates check-cashing fees
Learn more about our Payroll Services. Contact a Treasury Management Officer or a Relationship Manager.