Business Advantage Internet Banking
Our online service will save you time and money
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:
- Have online real-time access 24-hours a day, 7 days a week
- View account activity
- View images of paid checks
- Place stop payment orders
- Pay bills
- Originate Automated Clearing House (ACH) Direct Deposit for your employees or Pre-Authorized Bill Payments for your consumers
- Transfer funds between your accounts at FNBS
- Wire transfer funds from your FNBS accounts to other banking institutions
- Do much more…
Click here to read about security features
ACH Origination
Direct Deposit
Direct deposit of your employees’ earnings is less expensive than producing payroll checks.
Without direct deposit you must:
- Print paper checks
- Separate checks
- Sign the checks
- Stuff checks in envelopes
- Hand deliver payroll checks
- Stop payments on lost checks
- Re-Issue lost or stolen checks
- Reconcile payroll account
With direct deposit you need only to:
- Transmit deposits directly to us
- Print payroll stubs
- Distribute stubs to employees
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.
Funds Transfer
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.
Wire Transfer
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.