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select
DEPOSIT
Lake Elmo Bank's Select Deposit is the newest technology offering you the convenience of making your check deposits directly from your office.
Select Deposit allows you more time to focus on running your business. All you need is a personal computer with internet access and a special desktop scanner which we have available through the bank.
How does Select Deposit work?
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Lake Elmo Bank will install the scanner and provide onsite training at your office
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You will be provided with an ID and Password to log into a secure website
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From the secured site you will scan all your deposit items using the scanner provided from the bank at a low cost
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We receive your electronic deposit and process the checks
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Select Deposit received by 3:00 pm will be credited to your account on the same day of business
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How will Select Deposit help my business?
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Make your deposits anytime, 24 hours a day from your office
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Increase your business cash flow by making frequent deposits
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Save time - no need to manually complete deposit slips or drive to the bank
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Easy to research deposit transactions as items are stored electronically
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For more information about Lake Elmo Bank Select Deposit, please contact us at 651.777.8365.
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