ACH & Payroll Services
New Peoples Bank offers a variety of other services to help meet your needs.
Automatic Debit & ACH Services
Automatic debit allows you to electronically debit consumer or corporate customers as a form of automatic payment. This convenient service allows you to receive funds quicker & eliminates the normal check collection process.
- Debits will be processed via online entry
- Speeds up cash flow
- Allow you the option to set up automatic or manual transfers
- Generate new business from NPB account holders in your area
Automatic Deposit & ACH Services
New Peoples Bank offers one simple and highly efficient payroll solution, "ACH Manager".
This convenient service allows you to electronically submit payroll and distribute funds quicker by eliminating the normal check writing process.
- Enables you to efficiently process payrolls and other payment processes
- Eliminates the cost of paper checks
- Allows you the option to set up automatic or manual transfers
- Savings alerts on specified balances, new transactions, and daily statement
- Allows you the choice of daily, weekly, bi-weekly and monthly auto transfers to the recipient's accounts
Customers may be required to use our Business Choice Account, which could potentially offset the monthly cost for the account, service, files, items and other regular account activity, based on the relationship & balances kept. The program cost will be determined after approved and prior to set up.
Payroll can be processed via online entry & NACHA (National Automated Clearing House Association) formatted files
A schedule must be submitted for each deposit