Business Services

Part bank. Part back office.

Say goodbye to time-consuming paperwork, complicated calculations and confusing regulations. From payroll processing to night deposits and online transactions, we're a one-stop resource for the services that work for your business.

Payroll Processing Services

We've partnered with PrimePay® to offer payroll processing services tailored to your business needs. PrimePay® cost-effectively prepares and delivers:

Payroll checks
Employee earnings statements
Payroll journal
Payroll tax summary
Fed/State/Local tax deposits

Direct deposit and general ledger reports are also provided. PrimePay® offers a variety of other business administrative services to help you effectively manage your business today, and your growth for tomorrow. For more detailed information, visit PrimePay.

Merchant Processing

Liberty Bank is pleased to offer a full spectrum of services, including expert merchant processing with a fast and reliable network, backed by round-the-clock customer support. Features include:

Low rates and equipment prices
Mobile terminal and Internet processing solutions
Large selection of credit card equipment
Guaranteed equipment lease and rental options
Guaranteed check and gift card programs

Overnight Investment

An Overnight Investment offers you the benefit of earning interest on idle funds in your business checking account. Balances in excess of a target balance (an amount you wish to remain in your checking account) are automatically swept on a nightly basis to/from a Money Market account.

Zero Balance Accounting

Maximize the availability of your money by linking your business checking accounts to a central concentration account. Zero Balance Accounting will relieve you of the burden of making routine transfers by providing an automated process for funding or debiting multiple checking accounts.

Lockbox Services

Receive a lot of payments by mail? Our Lockbox service can streamline delivery, deposit processing and check clearing times, saving you money and staff time. Payments are delivered to a post office box and picked up daily by the bank. We'll open the mail and credit the checks to your account by 2 p.m. each day, documenting account activity via flexible and customized reports on CD.

Automated Clearing House (ACH)

Repetitive and non-repetitive electronic transactions can be conducted through the New England Automated Clearing House. It’s a convenient way to manage your federal and state tax payments, accounts payable and employee payroll, as well as reduce payment-processing costs and eliminate lost or stolen checks.

Direct Deposit

You can designate payments be directly deposited to your account, reducing paperwork and making the funds available more quickly.

Night Deposit

Make deposits whenever it’s most convenient for you, at one of the many Liberty Bank branches equipped with night depositories. Your deposit will be processed the next business morning unless otherwise specified. Zipper, disposable and locking deposit bags are available.

LibertyLine

Get account information 24 hours a day, seven days a week via LibertyLine, our automated telephone banking system. Call (800) 622-6732 for balances, recently cleared items, interest postings, current deposit and loan rates, branch locations, hours and more. Transfers between Liberty Bank accounts can also be made through the LibertyLine with a Personal Identification Number (PIN).

Letters of Credit

Liberty issues letters of credit on behalf of qualified clients, guaranteeing payment of a specific obligation or performance of a specific duty. When the client fulfills its obligation, the letter of credit is cancelled.