New Frontier Bank offers a variety of options to help your business grow, reduce costs, and operate more efficiently. We offer solutions, not just products.
New Frontier's M.Y.O.B. Cash Management Product gives you the ability to manage your own business via the Internet.
With just a click of the mouse, you can initiate;
- Internal transfers
- Stop payments
- Secondary approvals
- Check images
- Export transactions
- Tax payments
- ACH (Automatic Clearing House) transactions (payroll, etc.)
- Reconcile checks
M.Y.O.B. Fees include:
Multiple users, ability to access personal and
business accounts with single log-on I.D., inquiry, internal transfers, stop
payments (this fee is $35 if you are not using M.Y.O.B), secondary approvals,
check images, statements, transactions and ability to export transactions
Transaction Fees: Stop payments; $15.00 each
Monthly Fees: $15.00
Same as above with ability to perform ACH transactions
Transaction Fees: ACH transactions; 101 or more; $0.10 each
Monthly Fees: $45.00
One-Time Fees include:
|Setup fee; includes 2 users and 2 onsite visits
|Setup fee for each additional user
|Onsite visit (2 visits will be given in the installation process)
|Check reconciliation setup fee
Automated Clearing House (ACH) Origination
Providing you with a cost effective, electronic payment process that expedites recurring payments on your behalf.
Also, ACH provides a simplified means of initiating payroll credits and receiving payments, such as tithes, and offerings, and rent payments.
- Church customers: Automatic deductions for your members for their weekly or monthly tithes and offerings, improving funds availability
- Simplifies your payment of recurring bills such as insurance premiums, loan payments, payroll, cash concentration and automatic investment plans
- Transaction costs decrease
- Funds move electronically with minimal time and effort
- Transfers made only with your authorization
- Reports provide detailed transaction information
Ongoing M.Y.O.B. fees may be offset by balances in your Corporate Checking account. Your New Frontier Financial Service Specialist will be happy to discuss M.Y.O.B. with you in detail at any time.