Other Business Services


At Glenwood State Bank, we try to make your banking experience the best it can be. We strive to fulfill the needs of business owners and help them optimize their banking experience. Explore all that we have to offer and learn how we can help you propel your success!


Remote Deposit Capture

Remote Deposit Capture (RDC) enables you to make deposits electronically from your place of business.  All you need is a computer with internet access and a check scanner, which we provide.  The scanner captures your check images and creates a file that is placed on a secure website server.  Our staff then imports your file into our systems and your deposit is placed in your account.

 


Cash Management

Cash Management is an internet-based product that allows customers to create ACH transactions, and allows their designated employees to transact business on their behalf.  Some examples of ACH transactions that can occur are for purposes of payroll, collecting payments from customers, and making payments to vendors.

 


Business Bill Pay

Save time, money, and effort by paying your businesses bills electronically!  This feature-rich program gives you the ability to created authorized users and set permissions and approval processes!  Create recurring payments, submit payroll, and run reports on your payment history... all for a low monthly cost!  Business Bill Pay >>

 


Merchant Card Processing

Merchant Card Processing allows customers to accept Visa, MasterCard, and Discover credit and debit cards from their customers for payment of goods and services.  Glenwood State Bank offers various ways to accept credit cards, from PIN pad terminals to internet-based services.

 


Visa for Business

Our low, fixed-rate credit card boasts NO annual fees and NO cash advance fees!  This straight-forward credit card won’t surprise you with varying interest rates or fees.  We also offer additional benefits and rewards when you use your Business Visa Credit Card; including travel rewards, member discounts, gift cards, and merchandise.   Learn More >>

 


Advantage Banking

Glenwood State Bank’s Advantage Banking program allows you to offer an additional benefit to your employees, with no cost or use of resources.  Advantage Banking is a comprehensive financial services package with special offers on banking, real estate, and insurance services.  Advantage Banking >>

 


Health Savings Account (HSA)

A Health Savings Account (HSA) is a tax-exempt trust or custodial account established exclusively for the purpose of paying qualified medical expenses of the account beneficiary.  Health Savings Accounts works like a regular checking accounts and can be used with a check or debit card.  The funds in the account continue to grow tax free, year after year.  HSA's >>