The First National Bank of Suffield (FNBS) can help you have that advantage with our Internet Banking product for businesses. With FNBS Business Advantage you can:
Direct deposit of your employees' earnings is less expensive than producing payroll checks.
Without direct deposit you must:
With direct deposit you need only to:
Direct Deposit is Beneficial to Your Employees too...
Your employees can deposit their payroll earnings into the financial institutions(s) of their choice.
Your employees will have the comfort of knowing their payroll deposit is always made on every payday, even if they are sick or out of town.
Pre-Authorized Bill Payments
This service provides you the convenience of collecting consumer payments automatically each billing cycle.
Automatic Pre-authorized payments can improve your cash flow, reduce your internal processing expenses and lower your late payment collection costs.
Our funds transfer service will provide you with the convenience of transferring funds between your FNBS accounts or making FNBS loan payments 24-hours a day, 7 days a week.
Our wire transfer service allows you to transfer funds form your FNBS accounts to other Financial Institutions. For example, you can generate entries to pay purchase orders or invest funds in a safe and timely manner.