Michigan Direct Deposit Mandate Law Passes

Michigan labor law now allows for mandate of direct deposit, which will allow business owners to save big on payroll production and distribution, as well as eliminate the risk of check fraud.

Read an attorney's overview of the law here: http://bit.ly/h2DeCz

Now more than ever, Directo paycards make sense in Michigan. Unbanked workers will benefit, and so will the growing number of Americans disenchanted with their banks. Learn more at www.directocard.com.

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No Free checking + Job cuts = Poor Service and Higher Fees. Time for a Directo account!

Job cuts at banks means even less service to go along with the increase fees we've already seen. Directo is the low-cost choice that allows you (and if you're a business manager or owner, your employees) to bank when and where you want to bank, and with FREE bilingual customer service.

From today's PaymentsSource.com newsletter:

What do Wells Fargo, American Express, PNC, Fifth Third and Synovus have in common? They've all announced job cuts this week. The Wall Street Journal said analysts expect banks to reduce operating costs by as much as 20% over the next few years "as they struggle to put their bad loans behind them, adjust to a raft of costly regulations and increase revenue in challenging economic conditions."

Need to know more about Directo? Visit us at www.directocard.com.

Bank of America dumps free accounts , too.

Just as we predicted, the banks have started eliminating free checking. Bank of America's lowest-cost account will now be almost $9 a month for the basic service. Georgia is one of the test markets for the accounts. Read the whole article here: Bank of America revamping accounts, fees | ajc.com

Directo paycards continue to be the high-value, low cost alternative, and not just for the unbanked. Simple to implement and easy for cardholders to use, Directo paycard programs cost the employer nothing, yet offer the best of banking to our customers. Learn more at www.directocard.com.

Money management the Directo way

We've been reading articles and blogs about the new fiscal responsibility and how Americans are moving away from credit, paying down debt, and spending only what they have. At Directo, we're thrilled to offer a way to help out.

Simple to use Directo debit card accounts are a great tool for those who wish to spend only what is available, and a great way to establish a separate low cost direct deposit account to help manage money. Directo programs can be quickly set up, and because the accounts belong to the employees, there's no cost to the employer, while employees enjoy low-cost banking with high security and 24/7 access to their cash. Check out more at www.DirectoCard.com.

Another bank raises its fees - Citizens Bank in Boston

The banking world's turmoil is not over yet. As bank fees rise to compensate for lost revenue, we'll post the news here. Read about Citizens Bank's new rate structure and who it affects. Directo accounts are a better choice. Stable fees, online access, no credit check.

Visit us at www.directocard.com to learn more. Employers, contact Jim McCarthy at jmccarthy@directo.net to find out how you can quickly get a paycard program together for your associates. It's fast, simple, and there is no cost to you.

Bank account fees on the rise - we have a solution

It's inevitable. Take away a major revenue stream like overdraft fees, and the banks had to do something to make up for it. Read about it here.

What can you do about it? For many, a Directo account may be the answer. Call Jim McCarthy at 910.269.4332 to learn more, or email him at jmccarthy@directo.net.

It happens every week - checks put employers at risk again and again.

Without requiring employees to use direct deposit you and your employees are potential targets. The linked article was in the news yesterday but we hear about it every day. In this instance, a 70-year-old woman was followed after cashing her unbanked employees' payroll checks. She was injured and has lost the entire payroll. Now they have a suspect in mind.

Lilburn Police: Woman Identified in Robbery of 70 Year Old Business Owner - 11Alive.com | WXIA | Atlanta, GA

Directo can help you and your employees eliminate the risk, expense and hassles associated with paychecks without it costing you a dime. Make your paydays safe, for you and your employees. Call us at: 1.866.365.6521, email Jim McCarthy at jmccarthy@directo.net, or visit our website at www.directocard.com.