ANCILLARY PRODUCTS AND SERVICES
In addition to our complete product listing, we provide a wide range of supplemental tools, products and services that may help you increase efficiency, or expand your financial goals.
CASH MANAGEMENT SERVICES
Provides businesses efficient management of funds –
putting cash to work quickly.
ACH ORIGINATION SERVICES
Allows customers to set up automatic electronic payment of
recurring bills or dues, so that they don’t have to worry about
paying on time, or writing and mailing in checks.
LOCK BOX SERVICES
Payments are collected daily from a dedicated postal box
where the business’s customers are told to send payment.
Payments are processed immediately, depositing funds into
the business's account faster.
DIRECT DEPOSIT OF PAYROLL
Saves businesses the time and money of processing payroll
checks. Payroll is deposited to employees’ accounts directly
each pay period.
NIGHT DEPOSITORY
Allows for business customers to securely drop off daily
deposits after business hours. Transactions are processed
and posted the next business day.
WIRE TRANSFER
Electronic transfer of funds that often involves large
dollar payments.
REMOTE DEPOSIT
Remote deposit allows businesses to send customer
transactions to the bank electronically, speeding the deposit
process and eliminating trips to the bank.
INTERNAL & EXTERNAL TRANSFER (EFT)
Transfer of funds electronically rather than by check or cash.
SWEEP ACCOUNTS
Funds are automatically swept from one account to another
on a daily basis – eliminating the need for the customer
request transfers between accounts.
BUSINESS DEBIT CARD
Business customers now have the freedom to use their funds
when ever, and where ever they choose – without using
checks.
PROSPECT RESERVE
Tied to any Prospect Bank consumer checking account,
Prospect Reserve automatically transfers funds to your
account in $100 increments if you unexpectedly find yourself
short of funds.
ONLINE BANKING
Customers can enjoy the freedom of balancing their accounts
on their time, from anywhere, with our Free Online Banking.