WHAT IS CHECK 21?

The Check Clearing for the 21st Century Act (Check 21) is a new federal law designed to streamline check processing, reduce reliance on paper, and accelerate check clearing and returns. Check 21 allows checks to be scanned, transmitted, and cleared electronically rather than on paper. The Process of scanning and capturing the check electronically is called "truncation." The truncated check information may then be used to produce "Substitute checks" that carry the legal equivalency of the original paper checks they replace. A substitute check bears the front and back image of the original check. While processed much the way normal checks are processed, substitute checks may be transported electronically. To this end, Check 21 introduces a bold new era of faster, simpler, safer deposits for you and your business.

FASTER. SIMPLER. BETTER

Are you tired of making that daily dash to the branch to deposit your checks? With Remote Deposit, you can scan and submit your checks electronically from the convenience of your place of business. No more trips to the branch. No more waiting in line. No more playing "beat the clock."

Depositing your checks remotely is made possible by new "Check 21" legislation recently signed into law. Check 21 gives us the opportunity to replace many labor-intensive, paper-based check processes with quicker, safer image-based handling and clearing services. The result will be faster deposits, more efficient collections, and tremendous convenience for you and your business.

Simplify your routine. Forgo the daily time, risk, and expense of sending an employee offsite or paying for a courier pick-up. Let us show you how!

KEY BENEFITS

• Convenience
  No more daily trips to the branch!
• Reduced Expenses
  Eliminate employee/courier transport costs!
• Faster Clearing
  Funds clear sooner in some instances!
• Peace of Mind
  Online confirmation of deposits!
• Expanded Cutoffs
  Submit Deposits later!