ACH Collections

Allows commercial customers to debit multiple accounts outside the financial institution at the same time and credit their account at Kirkpatrick Bank for the sum of those debits.  This is a useful tool for collecting funds from members or clients.

• Enhance Cash Flow
• Recurring Payment Option

Remote Deposit Capture

Through Business Internet Banking commercial customers can simply scan checks with a special check scanner and transmit their deposits directly to Kirkpatrick Bank’s data processor.  Advantages for Kirkpatrick Bank customers can include:

• 7:00 pm CST / 6:00 pm MST deposit deadline;
• Eliminate the need to transport deposits to the bank;
• Detailed online reporting of check information and deposit activity.

Lockbox

Commercial customers can accelerate check collection and delivery of remittance information by outsourcing the processing of mailed check and credit card payments to Kirkpatrick Bank’s Lockbox Service provider, Frost Bank. 

• Improve Cash flow with reduced mail and processing float
• Minimize administrative duties and costs
• Enhanced reporting capabilities
• Improve internal controls with segregation of duties

Merchant Services

Merchant services allow commercial customers to expand their customer’s payment options by enabling companies to accept Visa, MasterCard, and American Express debit/credit cards.

• Local Kirkpatrick Bank representative to provide support and processing expertise
• Improve Cash Flow
• Increase Sales