Services

INVESTMENT SERVICES
Automated Sweep
Deposit Reclassification
Fed Funds As Agent
Securities Safekeeping

CREDIT SERVICES
Fed Funds Liquidity Line
Loan Services
Letters of Credit Services

CASH MANAGEMENT
Credit Card Services
Employee Retirement Plans
International Services
Lockbox Services
Merchant Card Processing
STARS™ Cash Management

DEPOSIT OPERATIONS
Cash Letter / Image
Coin & Currency
Escrow Accounting
STARS™ Settlement Services

OTHER SERVICES
Biometric Security System
Confidential Record Destruction

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   Cash Letter / Image - STARS™ OnWe® Network

The “OnWe® Network” provides same-day direct electronic image exchange and settlement between participating community banks. We select the best clearing solution for each image that is processed through the OnWe® Network. It is the aggregation of volume that creates opportunities to further lower clearing costs for all participating community banks.

Key Highlights

• Check images are processed through STARS™ and there is no need to invest in new software
• OnWe allows clients to take advantage of benefits offered by SVPCo, Endpoint Exchange, Viewpoint and other exchange partners that traditionally accommodate large bank clearings
• OnWe works with any processor or in house image capture systems
• BBN handles adjustments and settlement
• Your “own” items are available for “same day debits” allowing you to take advantage of the associated float

Request Information regarding STARS™ - OnWe® Network.

 

 

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Federal Reserve System

Last Updated: March 28, 2013
Bankers' Bank Northeast. All Rights Reserved.
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