Deerwood Bank offers the
services you expect from a
"big" bank, while maintaining
the convenience and service
that only a local bank can
provide. These are just a few
of the services that can make
a difference for your business:
It's FREE! No minimum balance, no monthly fees, no costly analysis charges or per-item fees. Includes free CHECK IMAGING as a part of your monthly statement.
Deerwood Bank partners with TransFirst to provide options for processing your credit card receipts ranging from traditional paper processing to point-of-sale operations and more advanced electronic data capture.
TransFirst is among the nation's premier providers of transaction processing services and payment processing technologies. Click here to access your Merchant Credit Card account. Click Here to view a demo online.
Through use of the Automated ClearingHouse (ACH) network, Deerwood Bank can assist you in making electronic funds transfers to and from various vendors and creditors associated with your business. Reduce paper handling, save accounting time, reduce errors, and lower the risk of fraud. You will have faster access to your account information, allowing better management of funds.
If your business has multiple locations, our Cash Concentration service gives you the ability to collect your funds rapidly and reduce the clerical costs associated with funds gathering.
Our Lock Box Service allows your accounts receivable payments to be sent directly to a post office box. We will record and deposit your receivables on the same day we receive them, reducing your workload and ensuring your deposited items are cleared as quickly as possible.
Deerwood Bank gives you the ability to quickly and efficiently transfer funds directly into your employees' checking accounts, no matter where they bank. This service provides significant time and cost savings to you and reduces the risk of lost, stolen, or forged checks.
A fast, efficient way to transfer funds from one bank to another. Transfers can be done at regular intervals or on a one-time basis.
Instead of tying up company time and resources to physically deliver paper checks to Deerwood Bank, you can now scan, verify, and deposit checks with the click of your mouse!