THE FIRST NATIONAL BANK OF LITCHFIELD OFFERS INNOVATIVE BANKING TECHNOLOGY New feature helps businesses save money and time by making desktop deposits
Released on: July 23, 2008, 1:20 pm
Press Release Author: The First National Bank of Litchfield
Industry: Financial
Press Release Summary: The First National Bank of Litchfield lets businesses capture and transmit check images to the bank electronically - streamlining deposits safely and securely - without unnecessary trips to the bank.
Press Release Body: Litchfield, CT (July 2, 2008) - To further expand its convenient eBusiness Advantage cash-management program, The First National Bank of Litchfield has begun offering Remote Deposit Capture (RDC) services. Geared at saving time, paperwork and money, the innovative feature offered by this hometown banking institution gives businesses an alternative to rushing to the bank right before closing. It also provides quicker access to funds.
And now, with no end in sight to skyrocketing gas prices, Remote Deposit Capture makes even more sense for small businesses looking to keep costs down.
Using desktop scanners provided by the bank, customers may deposit checks electronically from their place of business, enabling funds to be received faster, thereby making them more readily available for use.
According to Michelle Hagan, Vice President of Cash Management Sales, The First National Bank of Litchfield - a leader among community banks - is one of the only community banking institutions in the area to offer this advanced technology.
\"Remote Desktop Capture is the banking solution of the future - and we\'re proud to offer it now. This will further revolutionize the way our customers do their banking,\" Hagan said. \"As more and more businesses learn about the advantages of using cash-management services and RDC, we expect our customers\' use of this technology to grow exponentially.\"
RDC is an easy, efficient and convenient solution for businesses with high check volumes, who process large-dollar checks or who have multiple locations across a geographic area.
This technology is provided not only to save money and time, but specifically to add value by streamlining the check-deposit process and enhancing customers\' cash-management capabilities. The advantages of RDC include simplicity, convenience, availability and increased financial control for customers. Checks get scanned in seconds, with detailed deposit reports and check images available for review. RDC eliminates the need to race to the bank before closing to make daily deposits - this saves customers both time and gas money; and with enhanced deposit times, deposits don\'t get delayed and customers\' access to their money becomes quicker.
Another key feature is security. RDC\'s solid, multi-level security framework incorporates data encryption and password protection for customers\' accounts.
Klebe Fuel Company of Winsted is one business that\'s already experienced the benefits of RDC at The First National Bank of Litchfield. Using RDC, Klebe Fuel was able to not only save time and transportation costs, but the company also improved its cash flow and is now able to identify returned items faster, which reduces their risk of fraud.
General Manager Kelley Babbin said, \"FNBL\'s Remote Deposit Capture reduced my banking time by 85%. Now I can\'t imagine banking without it.\"
To give businesses an easy way to understand and view the capabilities of this technology, The First National Bank of Litchfield offers a free RDC demo on their website (http://www.fnbl.com), as well as a live demo option that may be scheduled by contacting Michelle Hagan at 860-626-7710 or Mhagan@fnbl.com.
In addition, for a limited time, The First National Bank of Litchfield is inviting businesses to try RDC and their cash-management program free for 90 days.
About The First National Bank of Litchfield: The First National Bank of Litchfield (FNBL) is the oldest nationally chartered bank in the state of Connecticut. Organized in 1814 as a branch of the Phoenix Bank of Hartford, it was reorganized in 1864 as the First National Bank of Litchfield. Almost 200 years after its inception, FNBL is still a driving force behind Litchfield County\'s growth and has been ranked in the top 25 public companies in Connecticut by The Hartford Courant two years in a row. They currently operate nine branches throughout Litchfield County and anticipate continued growth in the communities they serve. For further information about The First National Bank of Litchfield, please visit them online at http://www.fnbl.com for a branch near you.
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