Our robust commercial online banking platform provides comprehensive reporting and electronic transaction initiation including:

• Enhanced security features including token authorization and dual control for payment initiation
• Summary Level Balance Reporting
• Detailed Transaction Reporting (customize by date or specific transaction types)
• Integrated QuickBooks and Quicken.
• Transfer funds between accounts and related entities
• Alerts and Notifications
• E-delivery of depository statements
• Online Stop Payments
• Images of Paid Checks and Deposited Checks
• ACH Initiation
• Wire Transfer Initiation with customized e-mail notifications for incoming and outgoing wires
• Single Sign On Remote Deposit
• Single Sign On Positive Pay
• Business BillPay

Our Mobile Banking lets you quickly manage your business account while on the go from your Smartphone or Tablet. It also features Mobile Check Deposit which allows you to deposit checks without leaving your office

• Manage Your Accounts
• Deposit Checks *daily deposit limits apply
• Review and Approve Bill Pay, fund transfers and ACH transfers

*Note: 3rd party data and internet rates may apply.

Allows you to deposit checks remotely, 24/7. Simply scan, upload and transmit a digital image of your check to your Freedom Bank account. We make the whole process easy with “single sign-on” through our Online Banking platform.

• Detailed reporting with a copy of each check.
• Three years of deposits and deposited items detail.

Check deposits can be made up to 5:00pm ET for same day credit to your account. All funds will be available at opening of business the next day.

Take control of your cash flow with a fast and secure way to manage payments. With ACH services from Freedom Bank you can automatically direct deposit payroll, make vendor payments and initiate pre-authorized bill payments anytime - quickly, securely and efficiently. Freedom Bank ACH transactions, support same day origination, reduce errors, improve cash flow, and strengthen your vendor relationships.

• Simplify payments by enabling direct deposit of payroll and making company disbursements with ease.
• Accelerate receivables with one-time transactions or recurring file templates through Online Banking or imported from accounting software.

Online Wire Transfer Services from Freedom Bank give you the ability to transfer funds quickly between financial institutions via our Business Online Banking platform— in real time. Perfect for scheduled or one-time transfers, this convenient feature is designed for domestic as well as international transactions.

• Transfer funds without leaving your office
• Added security of Multi-Factor Authentication
• Automated alert confirmations via email including Fed Reference Number
• Process transfers reliably and securely

With increase in cybercrime and traditional check fraud, there’s greater need than ever for effective tools to protect your accounts, without restricting your ability to process payments

Check Positive Pay

Freedom Bank’s Positive Pay service compares all checks presented for payment against all checks issued. We alert you to potentially fraudulent activity before debiting your account.

You decide which checks should be authorized or declined.

• User friendly import items format
• Reduce unauthorized transactions
• Limit the risk of fraudulent duplicate checks
• Receive suspicious activity alerts
• Approve or decline payments
• Reconcile accounts quickly and easily

ACH Positive Pay Service

ACH Positive Pay protects your account from ACH debit or credit fraud. It provides you the flexibility to identify which vendor is authorized to debit or credit your account.

You decide which ACH should be authorized or declined.

• Eliminates ACH loss by returning unauthorized ACH activity
• Flexibility to block all ACH debits or only allow authorized vendors to debit your account
• The ability to limit the amount of an authorized ACH debit by an exact authorized amount or an authorized amount range

Tokens and Dual Controls

Token is a PIN protected device for identification of the Internet banking user, and its application provides confidentiality of your accounts and safety of transactions.

Adding Dual Approval can help strengthen your online controls and protect your business from several different types of operational risk, like payment fraud, processing errors, compromised credentials and internal fraud.

CardValet

Freedom Bank utilizes CardValet which is a mobile app that allows you to define when, where and how your cards can be used. With CardValet you can set preferences and alerts to quickly detect – and take steps to prevent – fraudulent activity.

Benefits of CardValet

Fraud Protection

• Real-time alerts keep you informed when your debit card is used
• Transaction controls allows your debit card to work only in specific locations or geographical areas
• When your cards are "off," no withdrawals or purchases will be approved

Control Spending

• Use transaction controls for merchant codes, locations, transaction types and thresholds to ensure employee spending adheres to company policies

Review Balances and Transactions

• Monitor your finances anytime, anywhere by using the CardValet mobile app to check your account balances or review recent card transactions

Download the CardValet mobile app today!