Direct deposit arrives
Thursday, October 5, 2000
Steamboat Springs It may be the 21st Century, but Routt County has just caught up to the 20th century when it comes to banking its employees' checks.
Eleven years after the city of Steamboat Springs started direct deposit for its employees, the county has finally worked out a deal with Wells Fargo to do the same.
"Our county attorney had some concern about some of the language originally in the agreement," said Commissioner Nancy Stahoviak.
When asked if he was just stubborn, the county attorney replied quickly.
"Of course I am," said County Attorney John Merrill. He explained that the bank expected companies to know federal regulations but wouldn't supply the information directly to its clients.
"Are you going to comply with rules that are distributed to the bank and no one else?" Merrill asked. "Wouldn't you want them to tell you what the rules were and when they changed?"
But it appears Merrill is one of the only people in Colorado to question how electronic banking rules affects his client.
The agreement Merrill refused to sign for years merely stated that the county agreed to abide by the rules regulating direct deposit and other electronic banking. Merrill wanted to know what the specific rules were.
"The attorneys for Wells Fargo had never had anyone question this," said Jill Leary, Wells Fargo's senior vice president.
"But, I'm pleased as heck we signed the agreement," said Leary who's been working with Merrill since 1994 to resolve the problem.
Leary said they gave Merrill a copy of the rules years ago when the bank was still Norwest.
In the meantime, city officials at Steamboat say direct deposit is the way to go.
"They don't have to worry about going to the bank," said accounts technician Edna Tellier. "You can be gone on vacation, you're money is there. You don't have to have someone deposit it."

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