ANN ARBOR, Mich. - (10/06/04) -- MidWest Financial CU and itssubsidiary operation, UMHS Financial, have launched a DirectDeposit origination program called EZ Pay. The program allowsbusinesses to use the credit union's web-based EZ Pay applicationto access the national electronic payments system and initiateDirect Deposit services for their employees and reduce their ownexpenses in the process. Any business can use EZ Pay and does nothave to have a previous affiliation with the credit union to usethis service. Furthermore, EZ Pay can help them save money on theirpayroll process-creating and distributing payroll checks can costanywhere between $.75 and $2 per check.
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