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Payroll Card

Payroll statistics provided by the American Payroll Association:

As much as 30% of the U.S. population does not have a bank account

More than four million paychecks are lost or stolen each year

Lost paycheck replacement costs are estimated to be $48 million annually

Companies can save up to $1.25 per payment using electronic disbursement instead of checks

The chance of having a problem with a check is 20 times greater than with Direct Deposit

Studies show that employees may spend the equivalent of three work days each year going to the bank

 

 

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Bank Freedom Prepaid MasterCard is issued by The Bancorp Bank pursuant to license by MasterCard International Incorporated. See the back of your prepaid card for its issuing bank. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. Bank Freedom is an authorized Independent Sales Organization ("ISO") of The Bancorp Bank. Subject to funds availability. The Bancorp Bank; Member FDIC. Transaction fees, terms and conditions apply. All trademarks, service marks and registered marks are the properties of their respective owners.

* Obtaining Your Card: The USA PATRIOT Act is a federal law that requires all financial institutions to obtain, verify, and record information that identifies each person who opens a Card Account. What this means for you: When you open a Card Account, we will ask for your name, address, date of birth, and other information that will allow us to reasonably identify you. We may also ask to see your driver's license or other identifying documents at any time. "100% Approval", "Guaranteed Approval", and "No one is Turned Down" is contingent upon successfully completing this mandatory identification confirmation.

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