Business Services

Merchant Deposit Advantage

Merchant Deposit Advantage utilizes a desktop scanner that connects to your PC and the Internet.  You can scan checks received from customers and issue deposits electronically to the bank, anytime day or night.  It’s the quickest way to turn check deposits into cash.

Corporate Automated Clearing House (CACH)

Passumpsic Savings Bank (PSB) is offering an array of electronic payment services to businesses. CACH provides employers the opportunity to electronically remit federal payroll taxes. CACH lets you automatically debit your customer's account.

Payroll Services

Passumpsic Savings Bank serves as an agent for the transfer and delivery of payroll information and provides for direct deposit of pay to employees accounts at Passumpsic Savings Bank or other financial institutions.

Easy Banking

Easy Banking is a special checking account package available to employees with direct deposit of the payroll. Employees will receive enhanced banking services, merchant discounts and extra conveniences. Businesses benefit by saving time in preparing and distributing paychecks, plus productivity will improve by eliminating the employee exodus to the bank on payday.

Businesses must be enrolled with this account with Passumpsic Savings Bank to offer this program to employees.

Treasury Tax and Loan Acceptance

Payments made at any Passumpsic Savings Bank office for these obligations receive same-day credit.

To request more information, click here or email rbishop@passumpsicbank.com