Disbursement

• ACH Payments/Direct Deposit

  (For companies who process their own payroll, retirement or benefit disbursement system and wish to make electronic payments to vendors).
  Via the online banking system, companies have the ability to electronically deposit funds for payment to vendors, employees, retirees and shareholders using the ACH network. This process eliminates check writing, reduces payroll processing expenses, increases accuracy and reduces the possibility of check fraud and theft.

• Electronic Tax Payments

  Allows companies to make federal tax payments online via the online banking system.

• Wire Transfers

  Wire Transfers are a fast and efficient way to electronically move funds from one bank to another. Requests can be phoned in or initiated online via the online banking system.