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Government Banking Accounts & Services
Automated Remittance Processing (Lockbox)
Century's state-of-the-art Automated Remittance Processing assures you efficiency and accuracy while maximizing your earnings and cash flow. Lockbox is a high-volume retail payment processing system. It quickly converts payments to cash and is customized to meet your specific operating requirements. Our lockbox specialists will review your current payment processing system and will customize a program that is efficient, accurate and meets all of your collection needs.

ACH Origination
Take advantage of our technology without sacrificing the personalized service that only Century Bank offers. You can process ACH transactions through our software, Internet service or direct mainframe system. Our ACH services will allow you to:

• Automate collections and billing
• Make vendor payments
• Collect membership dues and association fees
• Pay federal taxes (EFTPS) and state taxes
• Offer direct deposit of payroll
• Consolidate funds from remote locations or disburse funds to multiple locations

Internet Municipal Banking
Want the convenience of banking when it's convenient for you? Sometimes your hours don't quite fit the business world. You need a bank that's available when you are. That's when Century Bank's Internet Business Banking can meet your day-to-day business needs.

Whether it's to verify an account balance, view current and/or past transactions, perform ACH transactions or wire out funds…it's easy, anywhere - anytime. And it can all be done directly from your PC. Security isn't an issue either. Our program is housed on secure state-of-the-art servers, and all banking activity takes place behind multiple levels of protection from outside intrusion or interference.

Wire Transfers
With Century Bank, you can execute business wire transfers by telephone, in-person or through the convenience of your PC. This payment method is efficient and gives you the ability to move funds quickly when you need to or when an opportunity arises.

Municipal Trust Accounts
This unique account provides a consolidated statement detailing all sub-accounts. You can add or change subaccounts at your convenience. Century provides timely, straightforward reporting of earnings, along with high-yield guaranteed rates of interest without any administration fees.

Municipal Escrow Management Services
You can simplify your Municipal Escrow Management with Century Bank. Our service keeps funds separate by using one master checking account and multiple related sub-accounts. We then provide individual sub-accounting on your accounts with interest appropriated to each corresponding account. At the end of each year, Century Bank will issue the 1099 forms for each sub-account. This service can be managed through our Internet Business Banking program.

Merchant BankCard Services
Century offers Merchant BankCard services. We provide full-service bankcard capabilities with fast authorization times; a reliable network and knowledgeable customer service support. Our services include credit, check, debit and other payment processing; batch processing; and a wide variety of payment options including PC-based, Internet-based and mainframe-based applications.

Our credit card authorization ensures your customers don't have to wait any longer than necessary. Isn't that what everyone wants - fast, efficient service? Century also provides timely reports, frequency-marketing programs, shipping address verification and quick credit turnaround.

Municipal Premium Money Market Accounts
You can earn a high rate of interest while keeping your funds liquid with a Century Money Market or Premium Money Market Account.

Municipal Vendor Accounts
Issuing checks is part of your business. Reconciling them yourself doesn't have to be. Century offers a variety of services that lets you spend more time doing business and less time doing your books. It could be as simple as a paid item tape, or a complete reconcilement listing of all paid and outstanding checks - it's your choice.

If you would like more information on Century Bank's Cash Management Services, simply complete our Information Request Form and we'll gladly send you the information you need along with appropriate disclosure information. Or, call us at (866) 8 CENTURY and ask to speak with a Cash Management Representative. You may also stop by one of our convenient branch locations. Click here to find the Century Bank nearest you.

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