Easy Implementation

Earned Wage Access for Community Banks

Community banks have a mission to serve and uplift local customers. Clockout helps you further that mission by offering a service that improves your customers’ financial health. With Earned Wage Access, your community bank can provide immediate financial relief to customers, reduce their reliance on payday loans, and attract young people looking for modern banking options.

GETTING STARTED

How it works

1

User Joins Clockout

Through our seamless in-app experience, users can join Clockout with a simple click.
2

Payroll Connection

Users securely connect their payroll using their credentials, facilitating real-time data integration.
3

Direct Deposit Switch

With just two clicks, users can allocate their direct deposits to your bank, ensuring primacy.
4

Advance Collection

Repayments are automatically collected when the user's paycheck is deposited into their account.
attract and retain

Fulfill Your Community Loyalty Mission

When locals know they can count on their community bank in a pinch (like a mid-week expense before payday), their loyalty skyrockets. EWA can deepen trust – you become more than a place to store money; you’re a partner in their financial stability. This can translate to more products per customer (loans, mortgages down the line, etc., because they trust you to have their back).

Ensure Financial Wellness for Customers
Capture Direct Deposits and Monetize
easy implementation

Easy Installation for Limited IT Resources

No core conversion or heavy tech lift required. Clockout integrates via a secure API and SDK that sits on top of your existing digital banking. Many community banks are part of banking platforms (like Jack Henry’s Banno, Q2 or Fiserv) – we likely already support your environment. Our deployment can be handled remotely with guidance to your team, typically in under 2 weeks.

Benefits

Strengthen Community Loyalty with Earned Wage Access

Talk to Sales
Capture Direct Deposits
Integrate with over 1,600 payroll systems to seamlessly capture direct deposit allocations and payroll data.
Grow Core Deposits
Increase your bank's deposit base by attracting more direct deposits and expanding your customer base.
Differentiate Portfolio
Stay ahead in the competitive market by offering Earned Wage Access, setting your institution apart.
Win Primacy
Achieve primary bank status with customers by providing services that meet their immediate financial needs.
Offer new products
Diversify your offerings with new products that generate additional revenue streams.
Attract new customers
Appeal to younger demographics by addressing their liquidity challenges with innovative solutions.