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What is Remote Deposit Capture?
With Remote Deposit Capture checks are deposited to an electronic imaged-file at the point of presentment, transmitted and posited to your Home Federal business account.

Who can benefit from Remote Deposit Capture?

  • Companies regularly receive a relatively low number of high dollar checks
  • Businesses located in remote areas or that are not convenient to Home Federal
  • Regional or national businesses that maintain several banking relationships and consolidate balances
How does it work? 
  • You receive a payment by check in the mail or at your office
  • Perform your normal bookkeeping and prepare the deposit as usual
  • Instead of going to the bank to make your deposit, you simply scan the deposit ticket and checks using our desktop scanner
  • Once the check images are captured and totaled, the virtual deposit is transmitted through our secure iLINK web site to Home Federal Savings Bank where it posts to your account
Benefits
  • Remote Deposit Capture replaces traditional deposit processes reducing the time, effort and overhead costs involved in deposit preparation and dramatically reducing float
  • Home Federal's Remote Deposit Capture delivers important image workflow capabilities including real-time image quality analysis, image quality verification, and duplicate detection. These features provide integrated security and reduce the deposit risk associated with faulty images, duplicate deposits and manual keying errors
  • Using our iLINK internet portal, we are able to deliver a seamless solution for one consistent look and feel
  • Plus, you'll receive ongoing superior customer support before during and after the transition and implementation phases
 
         
 
Home Federal Savings Bank 1016 Civic Center Drive Northwest Rochester, MN 55901 Phone: 507-535-1200
 

 

 

 

For lost or stolen personal check cards,
call 1-800-383-8000

 

 
For lost or stolen business check cards,
call 1-866-532-0676
(After hours call
1-800-264-5578)
 
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