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

Request Information

  STARS™ Settlement Services

On-line reporting system provides client banks quick and easy access to all bank-to-bank services at their desktop without the worry of Fed daylight overdrafts and reserve requirements. Our comprehensive package offers a full array of services including international payments, TT&L, domestic wires, cash letter and lockbox settlement, coin and currency settlement, savings bond redemptions, billings, etc. In addition, our efficient, convenient and secure, on-line electronic payment system enables client banks to upload and originate ACH files received from commercial customers

Key Highlights

• Comprehensive system, easy to use
• 24/7 access to account information
• System can accommodate all transactions that are processed through FedLine Advantage
• Considerably less expensive then FedLine Advantage
• Can function as a very cost effective disaster recovery backup system
• Presents option to eliminate need for DOS FedLine Terminal, or even a Federal Reserve Account Relationship

Request Information regarding SETTLEMENT SERVICES using the STARS™ system.

 

 

Member FDIC

   

Member
Federal Reserve System

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