Payroll Issues

To:       All Employees
From:  KSB
Date:    November 10, 2011
In regards to the November 10th
payroll, due to a bank vendor error, payroll funds will be deposited on Monday,
November 14th.
We recognize that this may cause
a hardship.  KSB Administration is
working closely with Midland States Bank to minimize the inconvenience for KSB
Here are your choices:
  1. Take no action.  Wait for the funds to be deposited
    in your account on Monday;
  1. Get your payroll
    funds via special check on Friday.
    Midland States Bank will open their downtown branch at the corner
    of Galena and First Street
    in Dixon
    between the hours of 7:00 a.m. – 2:00 p.m. on Friday, November 11.  This is normally a banking holiday due
    to Veteran’s Day.  Only KSB employees
    will be served.  Midland States Bank
    will issue you a check for the net amount of your direct deposit.  Midland States Banks will also allow you
    to cash this check.  You will need
    your KSB identification badge with your employee number;
  1. Call Human Resources (285-5616) before noon on Friday
    and we will have a Midland
    States Bank check available for pickup in Human Resources
    beginning at
    2:00 p.m. until 5:00 p.m..
NOTE:  Overdraft fees caused by this event will be
reimbursed.  If your bank does not cover
these specific overdraft fees bring documentation to KSB Human Resources.
We are deeply disappointed that
this occurred.  We fully recognize that
this may cause inconvenience for our employees. 
We will continue to work with Midland States Bank to gain all assurances
that this will not be repeated. 
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