Technology is an integral part of doing business today. Risk management should be a critical part of your business, including controls for fraud and cyber security. Click here for tips and resources to help assess your risk and avoid vulnerabilities.
Planning for the future—including the future of your employees—is an important part of a business plan. Our Business and Investment teams help you manage the services that matter to your employees, contributing to a healthy organizational culture and long-term retention. With Northfield Savings Bank as your partner, your employees will benefit today and in the years to come from options such as retirement plans, Health Savings Accounts, direct deposit, and money management.
Whether you’re out in the field, on the go, at a desk, or all of the above, the flexibility to meet your needs is our hallmark. NSB offers a full suite of services and products to help simplify business operations such as transmitting payroll, collecting rent or fees, preventing check and ACH fraud, and conducting wire transfers. We also offer Remote Deposit Capture, the fastest, greenest, easiest way to deposit checks. You’ll no longer need to deposit slips, photocopy checks, or visit the bank.
From deposits to lending, the ability to nimbly and effectively meet your banking needs is a cornerstone of what sets Northfield Savings Bank apart. Just like we do with customers ranging from renewable energy providers and real estate developers, to retail businesses, manufacturing, and beyond, NSB will be your partner and advocate, providing customized solutions for your unique needs.
At NSB, our streamlined and thoughtfully developed products and services are for enterprises of any size or business stage. From large to small, well established to just launched, all kinds of businesses benefit from working with our seasoned and knowledgeable Business Banking team. Large enough to handle the needs of any-size enterprise, our team is also able to be individually invested in your business and bring a personal, attentive, and local touch.
Frequently Asked Questions
What types of commercial loans do you offer?
We offer a variety of loans and lines of credit, including real estate, vehicles, machinery, equipment financing and more. We provide local decision making for all types of loans, benefiting businesses from early years of growth to long-established companies. Click here for a list of NSB Loans & Lines of Credit services and solutions.
What is Positive Pay, and would it be a good fit for my business?
If your business is looking for added account security, Positive Pay may be for you. Positive Pay protects against fraud by matching the checks you issue with those presented to the Bank for payment. Connect with a Business Banker to learn more.
How do I protect myself and my customers from fraud such as account information breach, account takeover, etc.?
How do I know if I’m being targeted by a scam? Or if I have been scammed?
Use the checklist below to determine if you may be vulnerable to fraud. If you answer "yes" to any of the questions, consider investigating further:
- Do you question whether an online transaction may be fraudulent?
- Is someone trying to give you money you weren't expecting?
- Do you wonder if the currency you receive is real or counterfeit?
- Have you been asked to cash a check and wire funds back to the sender?
- Are you ever concerned about current fraud issues?
Am I/my business in danger of identity theft or having my computer hacked?
NSB provides educational resources to help you prevent identity theft, and tools that may help if you suspect you have been a victim of identity theft. Click here for tips and resources.
I just fired an employee with online access, what do I do?
Authorized users with the Manage Users permissions can make changes to existing Business Online Banking users at any time, including deactivating or permanently deleting a user that is no longer needed. For step-by-step instructions, please click here.
Do you offer business credit cards?
Yes. NSB business credit cards offer benefits such as low rates, cash back, and flexible rewards—thanks to our third-party provider Elan Financial Services. Click here to learn more or apply.
How do I protect my balances? How does FDIC coverage work?
The FDIC—short for the Federal Deposit Insurance Corporation—is an independent agency of the United States government. The FDIC protects depositors of insured banks located in the United States, including NSB, against the loss of their deposits if an insured bank fails. FDIC insurance covers depositors' accounts at each insured bank, dollar-for-dollar, including principal and any accrued interest through the date of the insured bank's closing, up to the insurance limit. Learn more at fdic.gov.
How can I give my bookkeeper access to my account information?
NSB Business Online Banking lets you set up multiple users with different responsibilities. New users can be created with their own unique login IDs and passwords. Each user is assigned user permissions that permit or prevent them from performing certain actions. For step-by-step instructions, please click here.
What are collected funds?
Collected Funds are cash deposits or checks that have been presented for payment and for which payment has been received. Contrast this to uncollected funds, which is a portion of a deposit balance that has not yet been collected by the depository bank.
Do you offer government banking services?
Yes, we are committed to supporting local government and institutional entities by offering various financing options to cover operational costs, including tax anticipation notes, capital expense loans and lines of credit.