Simple, Secure Business Banking Tools
NSB offers a full suite of Cash Management services and products to help simplify a range of business processes like transmitting payroll, collecting rent or fees, preventing check and ACH fraud, and conducting wire transfers. We also provide an option for earning interest on funds you’re not actively using.*
With Us, It’s Personal
It’s the personal touch of Stephen Page, Cash Management Specialist, that sets us apart. Contact Stephen to learn how NSB Online Cash Management Services can streamline and strengthen your business processes.
Online and Remote Banking Tools
With NSB Online Business Banking, you can monitor your accounts, pay bills, transfer money between Northfield Savings Bank accounts, view and print copies of your checks, and receive eStatements.
iDeposit, a Remote Deposit Capture solution, is the fastest, greenest, easiest way to deposit checks: no deposit slips, no photocopying checks, and no need to visit the bank. All you need is a desktop scanner and secure internet connection.
Get paid faster with Automated Clearing House (ACH) Origination Services. Transmit payroll, pay vendors, collect rent or fees and receive funds from other financial institutions—all electronically.
Domestic Wire transfers are a fast and secure way to move funds between bank accounts. And when you’re enrolled with Online Business Banking, you’ll save on each wire transfer compared to phone or in-branch wire transfer requests.
For added account security, Positive Pay protects against fraud by matching the checks you issue with those presented to the Bank for payment.
Our Cash Management Specialist, Stephen Page is available for a free in-person consultation and demonstration of NSB Online Cash Management services.
NSB Commercial Cash Management Sweep
Earn interest on funds you're not actively using for your business. With NSB’s Commercial Cash Management Sweep, your Commercial Checking Account provides ready access to cash using a collected balance of $2,500 that is continually maintained. The balance of funds is held in a Repurchase Agreement* where idle funds earn daily compounded interest based on the balance amount and market conditions.
Contact the Business Banking Team for the latest rates on Repurchase Agreements.
*Repurchase Agreements are Not FDIC-insured, not bank guaranteed, may lose value, are not insured by any federal agency, and are not a bank deposit.
*Repurchase Agreement definition: A transaction involving the "sale" of securities by NSB to the customer, subject to an agreement by NSB to repurchase the securities in specified circumstances. The Repurchase Agreement is a non-deposit investment product. It is not insured by the FDIC, it is not a deposit or other obligation of, or guaranteed by, NSB, and it is subject to investment risks, including possible loss of the principal amount invested.