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CommercialCash ManagementPayroll Processing

First Fed provides a Payroll Processing* service to help free up time-consuming activities so you can focus more on your core business activities.  The service includes next day turnaround of payroll checks and reports delivered directly to your business.  Additionally, a direct deposit option, courier service, tax payment services, including the preparation and filming of quarterly and annual returns, year-end reports and W-2s, are also available.  Payroll Processing is of benefit to businesses that have:

  • A business checking or savings account
  • Want to focus on their revenue-producing activities

With Payroll Processing, you'll benefit from:

  • Security
  • Added efficiency and accuracy
  • Convenience of 24-hour access to information
  • Cost savings over manual payroll processes
  • Monetary savings associated with the cost of extra payroll checks or assessment of tax penalties for late, inaccurate or missed tax filings
  • Ability to retain current and prior year pay history with multiple date ranges for viewing
  • Ability to track vacation and sick-time accruals and time used
  • Ability to track 401(k) employer matches, health insurance deductions and bonuses paid
  • Over 60 standard reports available with hard copy, data files and e-mail output options available

*Payroll processing offered through an arrangement with CBIZ Payroll.  CBIZ Payroll is not affiliated with First Federal Bank of California.

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