We offer a collection of online and offline tools to our commercial customers to maximize cash flow. Our services assist in managing the inflow and outflow of cash to minimize expenses and maximize profits.
- Lockbox Services
- Wire Transfers
- Internet Banking and Bill Pay
- Merchant Services
- 24 Hour Telephone Banking
- Check Imaging
- Investment Sweep Accounts
- Loan Sweep Accounts
- Order Checks online
Lockbox allows organizations to “streamline receipts” by having payments sent to a P.O. Box accessible to the bank. When customers and business partners write you a check, they will submit them to our P.O. Box and we will pick up the payments for you – we will also deposit those payments for you. You now have a faster way to get those payments into the bank so that you can use the money.
- More timely availability of funds.
- You don’t have to leave your business to make a deposit. The deposit is made at the bank when the mail comes in, then deposited into your account for you.
- This solution doesn’t just save you time and money – it decreases the risk of internal fraud and can increase customer satisfaction.
With First Guaranty Bank’s ACH Origination, you have the ability to send and receive payments eletronically through our Internet Banking program. ACH Origination puts you in control of your money and can be used to create payroll direct deposit, direct debits for billing, or to consolidate your funds from multiple financial institutions.
Provides an immediate, reliable, and secure transfer of funds.
- $25 per wire – Domestic
- $50 per wire – International
Internet Banking and Bill Pay
First Guaranty Bank’s Internet Banking and Bill Pay services offer the convenience and flexibility to manage accounts/finances any time in a secure environment. Save the stamps – pay your bills with our free Bill Pay service! Simply log in here.
The acceptance of Visa/Mastercard, checks, or other non-cash transactions as payments continues to be one of the fastest growing industries worldwide. First Guaranty Bank understands the dramatic impact that these services place upon you as a business owner. Our Merchant Services program offers your business access to the latest in electronic payment technology, competitive pricing, and service that is the best in the industry – all from the people you know and trust.
Here are just a few ways First Guaranty Bank Merchant Services can benefit you:
- Competitive processing fees for Visa/MasterCard
- Free online access to merchant reporting
- Electronic deposit of funds available in 2 business days
- Ability to process other credit cards including American Express, Discover, Diners Club, Pin Debit, Gift Cards and more
- Friendly, reliable customer service provided by people you know here at First Guaranty Bank
PCI DSS Compliance Requirement
The payment brands (American Express, Discover Financial Services, JCB International, MasterCard Worldwide and Visa Inc.) have joined together to create the Payment Card Industry Security Council. The PCI Council has mandated that all merchants who store, transmit or process cardholder information must maintain compliance with the PCI DSS. We, as your merchant service provider, understand the risks and financial costs that a compromise can pose to your business. In support of this important mandate, we are requiring all merchants to validate their PCI DSS compliance status with us.
Please visit us on the Web at https://www.pciapply.com/pci_fi_login.aspx to log in to your merchant account and complete the necessary steps to become certified as compliant.
24 Hour Telephone Banking
Our 24 Hour Telephone Banking allows you to manage your First Guaranty Bank accounts any time, day or night, using your telephone. Any customer with an account at First Guaranty Bank can use this service. More information.
Online and CD-ROM imaging.
- $12 per CD
Investment Sweep Accounts
Allows idle cash to sweep into a money market daily to maximize interest earnings.
- $50 per month
Loan Sweep Accounts
Allows idle cash to sweep to the principal balance on a loan in order to reduce interest paid daily.
- $50 per month
Order Checks Online
Order checks online from Deluxe Checks.