Branch is free for you and your employees. We charge zero fees to access funds, including zero overdraft fees, management fees, and inactivity fees, and there are no minimum balance requirements.

Yes, we are! The way we set up our direct deposit pullback does vary slightly depending on which state you are in. We stay up to date with all the latest state regulations to make sure we tailor our approach to your specific state regulations.

We’ve found that it’s not the same employees using this feature from one pay cycle to the next, indicating that they use it for specific unexpected expenses, like a medical bill or car repair. Plus, since they are only accessing wages they’ve already earned (and Branch is responsible for providing this capital); you don’t take on unnecessary risk. We also have guardrails in place (detailed in the next question) that prevent your employees from advancing more than 50% of their upcoming paycheck.

You can allow a maximum access of up to 50% earnings, but you can set a lower amount if you want. The average employee only takes about $70 ahead of payday, indicating EWA truly does go to needed expenditures and emergencies.

Yes, our employer-based EWA business model aligns well with the CFPB's advisory opinion. We recover the amount of each EWA transaction through an employer-facilitated payroll deduction from the employees’ paycheck.