Newtek Payroll offers guaranteed savings of 20% compared to ADP™ or PayChex™
As always, we at AFFCU want to offer our members the best products and services. For our business account members, we offer significant cost-saving payroll service options through Newtek. Their service provides you with a complete payroll processing solution—qualified professionals take responsibility for calculating checks, withholding payments and paying taxes.
You receive complete quarterly and year-end reporting. With Newtek’s Payroll Service, you can relax and leave the payroll hassle to them.
Paying Your Employees
Direct Deposit: Eliminates trips to the credit union and allows your employees freedom to bank anywhere they choose.
In-House Check Printing: If you prefer to pay your employees with paper checks, simply print them on check stock from your office printer.
Check Printing and Delivery: Newtek will print your checks for you and have them delivered to your office or employees.
Customized Options — Hands-Free Enrollment: You can choose to fax or mail your company and employee information to Newtek, and one of the Business Services Specialists will input all of your enrollment data for you.
Payroll Management Includes
• 24/7 online input and access to reports
• Secure storage of payroll Data
• Direct deposit of payroll or standard checks
• Sign and Seal services
• Easy-to-read payroll journal and management reports
• Year-end reporting and W-2s
• Employee worksheets
• Quarterly earnings history
Newtek takes care of your business
• Newtek deposits your federal withholding, FICA, FUTA, state withholding, local withholding, SUI and disability taxes (where applicable).
• Newtek files your quarterly and annual federal, state, and unemployment returns.
• Newtek files your year-end tax forms.
• Quarterly earnings history
“Pay As You Go” Workers’ Compensation
• Through integration with payroll services, your workers’ compensation premium is calculated dynamically so the year-end audit adjustment is minimal.
• No down payment of workers’ compensation premium results in an increased cash flow for you
Why choose Newtek?
Easy On Your Wallet
Newtek guarantees savings of 20% or more, compared with competitors like ADP™ and Paychex™. Additional features, such as time and attendance and the HR module, are also competitively priced.
Newtek Payroll Services starts at just $60 per month plus $2.00 per employee, per pay period. It’s a great price that allows you to completely outsource your payroll and tax hassles.
Newtek Insured Payroll
Newtek Insured Payroll agrees that in the event the Payroll Customer fulfills all their responsibilities under the Payroll Services Agreement including their responsibility to provide accurate and timely information. If Newtek makes a mistake or error, they will make it right.
Get in touch with Newtek to set up a 60 day free trial, or a free service cost analysis.
“Not only did Newtek allow me to handle payroll for over 200 of my employees, but they saved me money!”
-Mark W., Tucson, AZ
Interested in opening a business account with us?
Make the process effortless by having all the necessary documentation in place. To help speed things up, please follow these steps:
1. Complete the Business Account Agreement
(The following steps are not required for Organizations*)
2. Complete the Company Profile
3. Complete the certificate of resolutions that best describes your business:
- DBA|Sole Proprietorship
- General Partnership
- Limited Liability Company
- Limited Partnership
* AFFCU has partnered with Newtek. Payroll services and other services described on this page are of the complete responsibility of Newtek Business Services Corp.
**Organizations are made up of groups of people joined together for a common purpose (community groups, clubs, societies, lodges, etc.) and are generally not for profit.