Chester Springs, PA (PRWEB) November 02, 2011
Conestoga Bank, a full-service community bank with branches throughout Southeastern Pennsylvania, announced today it has begun offering remittance/lock box service to the bank’s business customers.
This service allows Conestoga Bank to offer a lock box processing solution which accepts payments, captures and images checks and remittances, archive the data for online viewing, and provide an accounts receivable extract to the customer.
“We’re pleased to add a lock box service to the tools Conestoga Bank offers our business customers,” said Lori Adamski, Executive Vice President and Chief Operations Officer for Conestoga Bank. “This service will be able to streamline the accounts receivable function for those customers.”
Using lock box services simplifies the collection and account receivable process for businesses by using a secure, centralized location accessible by the bank and the business customer.
“We continue to develop products and services to make banking more convenient for our customers,” said Ms. Adamski.
Conestoga Bank is a wholly-owned subsidiary of Conestoga Bancorp headquartered in Chester Springs, Pa. Conestoga Bank is a full-service financial institution, with 14 branches in Center City and South Philadelphia, Bucks, Chester, Delaware, and Montgomery counties, specializing in commercial loans, Small Business Administration, and leasing, as well as personal checking and savings accounts.