American National Bank Fox Cities offers direct deposit for your employees. Your payroll is deposited here and then the individual paychecks are electronically routed to the financial institution of the employee's choice within the U.S.
Remote Deposit is a convenient, accurate, and secure way to make your deposits. Its designed for your business using a small desktop scanner and your PC to make electronic deposits right from your office any time, day or night. Click & Learn
Key advantages of Remote Deposit:
- Make your funds available faster than with paper deposits
- Make deposits conveniently from your office, any time, day or night
- Streamline the entire deposit process to save time and money
- Save time by consolidating deposits from other offices
- Security features allow you to control system access
- Receive alerts for missing check data
Automatic Payments (ACH/EFT)
Allow your customers to pay you with automatic payments. A preauthorized amount can be automatically pulled from your customer's bank account and electronically deposited into your business account here at American National Bank Fox Cities. With automatic payments, you can make and collect payments online automatically. Automatic payments are an easy and cost-effective way to make payroll disbursements via Direct Deposit, make Federal and State tax payments, make and collect business-to-business payments, make monthly charitable donations and more. Automatic payments are ideal for any business that wants to streamline bookkeeping and reduce the hassle and expense of making all payments by check.
Merchant Card Services
A Merchant Account is a service that enables a business to accept credit card and check card payments from customers. Being able to offer your customers multiple payment methods at the point of sale is critical to staying competitive in today's marketplace. Payments made by credit card or check card are one of the most convenient methods of payment. Your business may be set up with this service within 24 to 72 hours through our vendor, MCCS.
Line of Credit Sweep
A Line of Credit Sweep (LOC Sweep) is a smart way to manage your company's cash automatically, to pay down your line of credit or replenish your checking account.How does it work? Simply establish a target balance for your checking account. Then on a daily basis, funds above the target are "swept" in pre-determined increments into your line of credit account to pay down your balance and minimize interest expenses. Or, if your checking account balance falls below the target, funds are automatically drawn from your line of credit to refill your checking account. It's cash management made easy!
- Reduced interest expenses
- Keep your money working at all times
- Simple cash management and Online Cash Management
- No daily money transfer hassles