ach



The ACH (Automated Clearing House Network) is a highly reliable and efficient nationwide electronic funds transfer system.  Lake Elmo Bank provides on-site training.  Some of the options you can use with our ACH program include:

  • Direct deposit to your employees.  Eliminate paper checks and have your employees' payroll deposited into their checking account electronically.
  • Collect recurring payments from your customers.
  • Make your own transfers between financial institutions
  • Create files by using your current software or use Lake Elmo Bank's Online Banking package
  • Collect monthly association dues.

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