Other Business Services


Printer Friendly VersionDirect Deposit

Direct Deposit simplifies payday for you and your employees.  Glenwood State Bank Direct Deposit service automatically deposits paychecks into your employees’ accounts saving everyone time and money.

 


Remote Deposit Capture

Remote Deposit Capture (RDC) enables you to make deposits electronically from your place of business.  All you need is a computer with internet access and a check scanner, which we provide.  The scanner captures your check images and creates a file that is placed on a secure website server.  Our staff then imports your file into our systems and your deposit is placed in your account within minutes.

 


Cash Management

Cash Management is an internet-based product that allows customers to create ACH transactions, wire transfers, and allows their designated employees to transact business on their behalf.  Some examples of ACH transactions that can occur are for purposes of payroll, collecting payments from customers, and making payments to vendors.

 


Merchant Card Processing

Merchant Card Processing allows customers to accept Visa, MasterCard, and Discover credit and debit cards from their customers for payment of goods and services.  Glenwood State Bank offers various ways to accept credit cards, from PIN pad terminals to internet-based services.

 


Visa for Business

Glenwood State Bank offers Business Visa Credit Cards for the purchase of goods or services.  We also offer additional benefits and rewards when you use your Business Visa Credit Card; including travel rewards, member discounts, gift cards, and merchandise.   View your Statement Online >>

 


Advantage Banking

Glenwood State Bank’s Advantage Banking program allows you to offer an additional benefit to your employees, with no cost or use of resources.  Advantage Banking is a comprehensive financial services package with special offers on banking, real estate, and insurance services.  Advantage Banking >>

 


Health Savings Account (HSA)

A Health Savings Account (HSA) is a tax-exempt trust or custodial account established exclusively for the purpose of paying qualified medical expenses of the account beneficiary.  Health Savings Accounts works like a regular checking accounts and can be used with a check or debit card.  The funds in the account continue to grow tax free, year after year.  HSA's >>