Remote Deposit Capture

Remote Deposit Capture is a web-based electronic deposit product that allows you to scan deposits with a check scanner right from your desk. The product works in conjunction with your existing operating accounts. The check images are scanned and each check image is stored online for retrieval. Your deposit will be processed and will clear as usual through the Federal Reserve System. This technology will streamline your business banking, saving you time and money.

Benefits:

• Later cut off times for deposits - up to 7:00 pm (CST)
• Scan up to 30 checks per minute
• Deposit into multiple accounts
• Deposits balance automatically
• Multiple users
• Improve cash management
• Available 24 hours, 7 days a week

Features:

• Scanning captures both sides of the check(s), up to 30 docs/minute
• Deposits are automatically balanced
• Administrator verifies totals for accurate deposit
• Images are checked for readability
• Secure: Customer administrator given unique login and password and daily deposit activity monitored by Stearns Bank operations staff

Stearns Bank will provide a check scanner free of charge for your use. Some restrictions may apply.