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What Are the Benefits of Online Business Banking?

In today’s fast-paced digital age, the relationships we have with our clients are heavily reliant on the products that we provide through our digital channel. At Community First Bank, our commitment is to be Your Financial Partner for Life, guiding you through every milestone and endeavor. Business Online Banking provides our clients with a 24/7 view of their accounts. This allows for easy monitoring for fraud, cash flow concerns, and the ability to initiate payments at their convenience. 

In the dynamic world of business online banking, we empower our valued clients to take the reins and establish sub users – a feature designed to foster collaboration and trust. This exclusive capability allows trusted individuals to participate in monitoring transaction history. Our clients wield full authority, seamlessly allocating access to designated accounts. This level of control offers the freedom to not only oversee but also greenlight transaction processing, ensuring a secure and streamlined financial operation in both inbound and outbound directions.

Utilizing behavioral analytics, our fraud mitigation tool works behind the scenes to notify us of any anomalous transactions within your online banking. This helps to prevent unauthorized transactions within the banking system. When a transaction is flagged as anomalous a Deposit Operations Specialist will contact the user to ensure proper processing.

As an enhancement of our online service, we provide the following Cash Management products for a fee. Our clients utilize these products to gain efficiency in their business processes.

ACH Origination

Clients can process efficient and cost-effective transactions within their business online banking by utilizing our ACH Origination feature. These transactions can replace the need for paper checks or wires, reducing costs and payment time. It empowers businesses to initiate electronic transfers swiftly, and securely.

doing electronic transfers using mobile and laptop CFB-HFG Trust

Our clients use this feature to process payroll, vendor payments, and to pull payments from their clients when agreed upon all within their Community First Bank online banking profile. The transactions settle through their account, taking approximately two business days to process.

Wire Origination

From within their online banking profile Wire Origination empowers business clients to securely initiate domestic wire transfers from the comfort of their office environments This eliminates the need for in-branch authorizations, allowing clients to securely take charge of their financial transactions with confidence and efficiency.

By utilizing this product, our clients minimize the time it takes to send guaranteed funds for their business.

Remote Deposit Capture

mobile phone captures the deposit slip online business banking CFB-HFG Trust

Remote Deposit Capture allows clients to bypass the trip to the bank and make their deposits within their office environment. Clients can rent or purchase deposit scanners that will read the checks that they have accepted and create a deposit into their account. By utilizing this product, our clients are able to gain efficiencies in their accounts receivable departments and reduce the amount of time between receiving payment and the deposit being credited to their account.

Positive Pay

As the digital landscape evolves, the importance of security cannot be overstated. Businesses are increasingly vulnerable to unauthorized transactions that can have significant financial consequences. Positive Pay steps in as a formidable defense mechanism against such threats. This robust tool empowers businesses to fortify their accounts by uploading their check files to our online banking platform. Any unexpected check presentations trigger alerts, enabling clients to take swift action to protect their financial interests.

ACH Positive Pay

In the realm of digital transactions, staying ahead of potential threats is a critical aspect of maintaining financial security. ACH Positive Pay is a powerful tool in the fight against fraud, empowering businesses to take control over their ACH transactions. By uploading a roster of authorized ACH transactions, any deviations trigger alerts for review. This proactive stance fortifies our clients’ financial safeguards. With unwavering vigilance, we stand by our clients side to protect their interests and secure their financial well-being.

As we navigate the digital age, business online banking has emerged as a pivotal force, transforming the way enterprises manage their finances. At Community First Bank, we are not merely a financial institution; we are our clients’ unwavering partner on the journey to success. Our suite of online banking services, including ACH Origination, Wire Origination, Remote Capture, Positive Pay, and ACH Positive Pay embodies this commitment to providing our clients with the tools they need to thrive. Experience the future of banking with Community First Bank and embark on a journey of growth, efficiency, and financial empowerment—because your success is our ultimate reward.

Streamline your business financial management with Community First Bank | HFG Trust’s online business banking services. Contact us today to learn more!

Karah Cowan
Director of Digital Banking and Deposit Operations


This memorandum expresses the views of the author as of the date indicated and such views are subject to change without notice. Community First Bank, HFG Trust, and HFG Advisors have no duty or obligation to update the information contained herein. Further, Community First Bank, HFG Trust, and HFG Advisors make no representation, and it should not be assumed that past investment performance is an indication of future results. Moreover, wherever there is potential profit there is possibility of loss. This memorandum is being made available for educational purposes only and should not be used for any other purpose. The information contained herein does not constitute and should not be construed as an offering of advisory services, banking services, or an offer to sell or solicit and securities or related financial instruments in any jurisdiction. Certain information contained herein concerning economic trends and performance is based on or derived from information provided by independent third-party sources. Community First Bank, HFG Trust, and HFG Advisors believes that the sources from which such information has been obtained are reliable; however, it cannot guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. This memorandum, included the information contained herein, may not be copied, reproduced, republished, or posted in any form without the prior written consent of Community First Bank and/or HFG Trust and/or HFG Advisors. HFG Advisors, Inc, is a wholly owned subsidiary of HFG Trust, LLC. HFG Trust, LLC is a Washington state-registered Trust company and wholly owned subsidiary of Community First Bank.