Payroll & ACH
Empower Your Business with ACH Origination
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Would you like to pay your employees through direct deposit?
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Do you have vendors you would like to pay electronically?
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Have your customers asked if you can electronically debit what they owe?
If you answered yes to any of these questions, then ACH origination may be right for you! ACH origination is a powerful tool available in Business Online Banking that allows you to electronically send payments to others or collect payments from others.
Security at the Forefront
Here at Earlham Savings Bank, we understand the importance of secure ACH origination. That is why all users who are set up with ACH permissions are also set up with two-step verification for logging in. Two-step verification is a time based electronic code that continually changes and must be input when logging in. This enables the bank to ensure the person logging in is you (our customer) and not a fraudster who has stolen your login credentials.
Additionally, ACH origination requires dual control. All business customers using this service must have two users involved in the process. One user drafts the ACH batch, and a separate user approves/releases the ACH batch. This security measure is highly effective to guard against embezzlement and/or unauthorized originations.
Lastly, our Business Online Banking allows you to have several sub-users, and the permissions for each user can be customized to allow them to do as much or as little as you want.
If you are interested in these services, the first step is to enroll your business in Business Online Banking. The second step is to call us at 515-223-4753 to learn more!