Easy Implementation

Earned Wage Access for Credit Unions

Credit unions exist to serve and empower their members. Clockout helps credit unions strengthen member relationships, increase engagement, and drive direct deposit growth through Earned Wage Access.

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.
Enhance member experience with ewa

Improve Member Engagement and Well-Being

EWA helps members avoid payday loans and overdraft fees, providing immediate access to earned wages with no hidden fees. Members who use Clockout are more likely to set up their payroll direct deposit with their credit union, increasing deposit growth and engagement.

Alternative to Payday Lenders
No Interest, No Late Fees
competitive edge

Attract New Members, Especially Gen Z

Credit unions struggle at times to attract younger members. Advertising that you offer on-demand pay can draw in a younger demographic that might not have considered a CU. It positions your CU as tech-savvy and up-to-date with trends.

Benefits

Improve Member Retention and Growth 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.