Banking Services

Here at Enterprise Bank, we offer many banking services that can be of great value to you professionally and personally. Our services can save you time and add convenience to your life by bringing the Bank to your location. Other services can help your business operate more efficiently on a daily basis. Just click on the links below to find out more about the services you need, and if you have additional questions, always feel free to call one of our friendly Client Service Representatives at (412) 487-6048.

Get the details on some of our services, by using the links below:

ACH Origination

Enterprise Bank offers Automated Clearing House (ACH) origination for our commercial clients. This service works in collaboration with our Tier-2 Internet Banking, Cash Management, in order to allow businesses to process employee direct deposits, transfers between banks and automatic payments.  

To learn more about ACH Origination at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048. 

 

Automatic Bill Payment

Automatic Bill Payment is tied directly to our the current online banking system, Enterprise Connection. By using the same system, you are able to use the same user ID and password as you do for Enterprise Connection. In addition, all of your Enterprise Bank checking and money market accounts can be set up on the bill payment program.

Under the bill payment system, you can either make a one time payment or set up regular recurring payments, for example loans or utility payments. Information about each payee only needs to be entered into the system for the initial payment. The information can then be saved to your profile, so that it may be called up later for future payments to the same payee.

A unique feature of the Automatic Bill Payment service is the ability to view scheduled payments and payment histories. By initiating the “View Scheduled Payments” option, you are able to look over future payments and payees already entered. If by chance, you happen to input the wrong amount, you can make quick changes to your payments before they are initiated. A second option allows you to view the payments you have made, on what dates and how much you paid in order for you to compare against your bank statements. You can also request confirmation when payment has been made.

There are two ways your payment can be processed--electronic or check. Each has several important features:

Electronic

  • When possible all payees receive an electronic Automated Clearing House (ACH) credit.
  • Your account is debited the day that the transaction is requested, or a future date if you so choose.
  • Credit on the payee side occurs on the transaction effective date.

Check

  • Payees receive check similar to what they would have written
  • Processes like a normal check--your account is debited the day the check is presented to Enterprise Bank
  • May take 7 – 10 days for payment to clear

By using the Automatic Bill Payment service, you will save time and money that would have been spent on postage stamps, checks, writing out checks, and the lag between mailing a check and the payee receiving it. Enterprise Bank will even train you on how to use the software, supply user guides for reference, and provide support during the Bank’s hours via our friendly Client Service Representatives.

 To learn more about or to start using Automatic Bill Payment at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048.

 

Bank-by-Mail

Bank-by-Mail is a FREE service offered to all Enterprise Bank clients. In order to take advantage of this service, just place a personalized deposit ticket and your endorsed checks (cash is not permissible) in the FREE postage-paid, pre-addressed return envelopes supplied by Enterprise Bank and drop them in the mail. Simple as that! Upon receipt, an Enterprise Bank employee will post the deposits and immediately mail a transaction receipt to you same day. The return mail to you will also include a new postage paid envelope. 

In order for your business to grow, you need to be there. Enterprise Bank works hard to save you and your business time and money. 

To learn more about Bank-by-Mail at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048.

Credit & Debit Cards

Enterprise Bank works with a nationally-known service provider, Élan Financial Services, to offer Visa® credit and debit cards to both business and individual clients.

Visa® Business Card & VISA® Travel Business Card

With the Visa® Business Card, qualified customers can enjoy a 0% introductory annual percentage rage (APR) for the first six months. There is NO annual fee if you make at least one purchase per year.

When you use the Visa® Travel Business Card, your business will receive one travel point for each dollar spent. These points can be used to redeem airline tickets, luggage or even gift certificates!

Both cards have several important features:

  • Double the warranty, up to one year, on all your purchases
  • 90-day protection against damage and theft
  • Travel insurance
  • Special business discounts
  • FREE collision and damage insurance
  • 24-hour customer service
  • Travel assistance
  • FREE year-end report

Enterprise Bank Visa® Debit Card

Each Enterprise Bank business checking account is eligible for a debit card. This card is tied directly to the checking account to enable you to make purchases more quickly and with more security.

Some of the benefits of an Enterprise Bank Visa® Debit Card are:

  • Access all accounts linked to an Enterprise Bank Checking Account via ATM
  • Make ATM and POS purchases 24-hours a day, 7-days a week
  • Stringent fraud protection measures to help shield your account from theft
  • Each name on the account receives their own debit card
  • Debit card purchases are debited from the primary checking account

To learn more about Visa® Credit and Debit Cards from Enterprise Bank, please contact a Client Service Representative at (412) 487-6048.

Internet Banking

For our clients who prefer to have a more hands on approach to their banking, Enterprise Bank maintains an electronic banking system that provides business and consumer clients with the convenience of simple, online banking. There are two tiers to the online banking system, Tier-1: Enterprise Connection and Tier-2: Cash Management. Tier-2 Cash Management is only available to business clients.

Tier-1: Enterprise Connection

Enterprise Connection allows our business and consumer clients to view past statements and transactions, as well as and up-to-date information on all of their Enterprise Bank accounts.  Enterprise Connection enables you to print cleared checks, withdrawals, and deposit slips to verify dates and signatures.  You can also set up automatic alerts that send you an e-mail when your checks clear or when your account balance reaches a particular level.  Listed below are a few of the features our clients take advantage of with Enterprise Connection.

  • Free of charge
  • Account inquiry
  • Personalized passwords
  • View check images
  • Transfer funds between your Enterprise Bank accounts***
  • Customize loan payments
  • Customized alerts
  • Instant stop payment
  • Download statements in spreadsheet form or E-Statements
  • Additional automatic bill payment feature available for free

Tier-2: Cash Management

Cash Management is essential for commercial business accounts.  Cash Management allows business to have multiple users who have different levels of access to different parts of the system.  In addition to the features in Tier-1, Cash Management includes all the following:

  • Automated Clearing House (ACH) origination transactions, ie. automatic billing of Accounts Receivable with client authorization
  • Direct deposit
  • Wire transfers
  • Access to positive payment system

Finally, you can experience banking at your pace, whether at noon or at midnight.  Enterprise Bank will even send one of our specialists to your place of business to train you and your staff on the use of this program.

To learn more about Internet Banking Services at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048.

Click here to access Enterprise Connection

Click here to access Enterprise Connection DEMO

Merchant Services

Most consumer purchases are cashless, made via credit and debit cards. In order to allow you to compete effectively, Enterprise Bank offers Merchant Services that allow your business to accept major credit cards from Visa, MasterCard, American Express, and Discover. This service also allows your business to issue and accept your own gift cards.

And we let you do so with competitive rates and low usage fees, and no cost equipment.

When you are ready, Enterprise Bank will provide you with a customized equipment packages tailored specifically to fit the needs of your business. We also provide client support through a toll-free number that operates 24-hours a day, 7-days a week. Finally, the Bank works hard to assure timely replacement or repair of any non-functioning processing equipment.

In order to track all of your credit card transactions, our business clients may open a separate Business Checking Account solely for Merchant Service transactions. At the client's request, these funds can be automatically swept to a general operating or savings account. All merchant activity appears monthly on a unified statement.

To learn more about Merchant Services at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048.
 

Mobile Branch

Enterprise Express is a unique fleet of banking vehicles that will travel to your business’ office to collect your company’s deposits and return them safely to the Bank. There is no lost productivity time consuming trips to the bank or exposing yourself or your employee to unnecessary risk.

Enterprise Bank is one of the few financial institutions approved by the Pennsylvania State Department of Banking to offer this kind of service. Each individual vehicle and driver has property, casualty, and employee fidelity bonding insurance held through the Bank to guarantee each deposit’s safety enroute. Client deposits are required to be placed in sealed, tamper-evident bags at the client's site and are given to the Enterprise Express drivers, who immediately place them into a drop safe, which can only be opened by authorized personnel at the bank. Deposits are then processed same-day, and clients are mailed a transaction receipt. 

The mobile branch currently travels through a 5-county radius. Collections begin at approximately 8:00 am and conclude at 2:30 pm, every Monday through Friday. Individual collection times vary according to business location. Service can be scheduled on a regular basis or requested when needed. A contract is required to be executed before beginning this service.

Please refer to a Schedule of Fees and Service Charges for a complete and current list of fees and service charges.

To learn more about Enterprise Express at Enterprise Bank, please contact your Relationship Manger at (412) 487-6048.

Sweep Services

What is a Sweep Feature?

Sweep accounts started in the 1980’s as a secret perk for preferred banking customers. Today, they are among the fastest growing services offered by banks. A sweep feature is an automatic funds transfer that ties two deposit accounts together and moves a specified amount of funds automatically between the accounts when balance thresholds are met. This service can act as overdraft protection to cover insufficient funds and minimize service fees resulting from insufficient funds. Additionally, it can help you to accrue a higher return on idle money than a checking account alone.

To use this service, account holders work with their Relationship Manager or a Client Service Representative to select an Enterprise Bank checking account and a savings or money market account. Your Enterprise Bank contact will analyze your monthly account balances, banking services utilized and the account’s requirements. This analysis will help them to determine the balance minimum and transfer amount parameters that will minimize your service fees, if you have a Business Checking on Analysis account, while investing the maximum number possible.

Overdraft protection transfers are a FREE service; investment transfers are subject to a monthly fee. Federal regulations limit the number of monthly sweep transfers from an interest-bearing account. After six transactions per calendar month, the sweep feature shuts down automatically. The sweep feature will automatically resume the next calendar month.

How a Sweep Feature works

  • Creating a sweep arrangement is a very simple process and does not require you to travel to the Bank to initiate.
  • You work with your Relationship Manager or a Client Service Representative to select a secondary checking, savings or money market account to tie to your main operating account and create the sweep guidelines.
  • A sweep feature agreement is completed according to the decided sweep guidelines.
  • When the balance in the checking account falls below the pre-determined average balance stated in the sweep guidelines, funds are deposited into the main operating account, thus maintaining the average balance.
  • Funds above the average balance threshold will be invested into a savings or money market account.

Benefits of using a Sweep Feature from Enterprise Bank

  •  Once created, the sweep is automatic and requires no extra attention.
  • It can help to reduce unnecessary embarrassment and service fees associated with insufficient funds.
  • It allows businesses to invest in smaller dollar increments on a regular basis than many other comparable investment options.
  • Gives you peace of mind, knowing that your money is in the account it is needed in, when it is needed there.
  • Enterprise Bank augments the sweep arrangement with some of the Pittsburgh area’s best deposit rates, highest earnings credits and lowest service fees.

To learn more about Sweep Services at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048

*** NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS***

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).  Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

Night Deposit Box

Enterprise Bank offers Night Depository services for our business clients. Bank customers may bring business deposits to the Bank after hours to place in our secure, locked drop box. Small deposits that can fit in a flat envelope can be inserted in the night drop box without the need for a key. Physically larger deposits require special bags and a key to access the night depository safe. Deposits will be removed by an employee the next business morning and posted to your specified accounts.

To learn more about the Night Deposit Box services at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048.  

Remote Deposit System

In 2003, the United States goverment approved the Check Clearing for the 21st Century Act, more commonly referred to as Check 21. Check 21 allows the use of high resolution, encrypted digital images of checks as acceptable substitutes for original checks. This change revolutionized the banking industry, but also permitted the use of certain technology by consumers to scan their own deposits and transmit them to their financial institution for payment, also known as remote image capture or remote deposit. 

Enterprise Bank has adopted this new technology to better serve the needs of its busy small business clients. Dubbed Enterprise Payment Solutions, our service allows our customers many advantages for conducting their banking conveniently from their offices. No longer will clients be restricted to traditional banking hours, staffing concerns or traffic issues to get their deposits to the bank. Some of our product’s features are:

  • No click fees.
  • Our standard machines process 8 - 10 checks in minutes--much faster than the equipment supplied by competitors.
  • No long-term commitment contracts for our service.
  • We offer personalized one-to-one training on the install and operation of both the scanner and software for you and your staff.
  • We have third party verification of your remote deposit transactions to insure accuracy of your work.
  • Enterprise Bank can scan and deposit checks to an unlimited number of deposit accounts.
  • Can have multiple users in your business with varying levels of access.
  • Completely web based.
  • User friendly

 Please refer to a Schedule of Fees and Service Charges for a complete and current list of fees and service charges.

To learn more about Enterprise Payment Solutions remote deposit system, please contact your Relationship Manager at (412) 487-6048.

Click here to access the Enterprise Payment Solutions remote deposit services.

Safe Deposit Box

Enterprise Bank offers safe deposit box services. The Bank’s safe deposit boxes are located securely in the vault and are available in 5 sizes:

Extra Small – 4” x 2”

Small – 5” x 4.5”

Medium – 10” x 2.5”

Large – 10” x 4.5”

Extra Large – 10” x 9.5”

Examination rooms for contents are available for client privacy, and two keys are furnished for each box.

In order to lease a safe deposit box, you must be an account holder at the Bank and must maintain a sufficient balance in any statement account to cover non-refundable rental charges that will be automatically billed to it. Costs of box rentals vary in accordance to size. Fees are charged annually and due in January.

To learn more about Safe Deposit Boxes at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048.
 

Wire Transfers

Enterprise Bank allows you to request wire transfers. Wire transfers to United States located banks can be requested from 9:00 am until 3:30 pm. International wire transfers may be requested from 9:00 am until 2:30 pm. In order to initiate a wire transfer, you will need to complete a wire transfer agreement with the Bank prior to the wire transfer request. Wire transfers can be initiated via a written request, and faxed to a Client Service Representative at (412) 753-0202. Wire transfer requests can also be initiated via Enterprise Bank's Tier-2 level of Internet Banking, Enterprise Connection Cash Management. A confirmation of the completed transfer can be received via phone or email.

There are fees associated with the wire transfer of funds. Please refer to a Schedule of Fees and Service Charges for a complete and current list of fees and service charges.

To learn more about or to initiate a Wire Transfer at Enterprise Bank, please contact a Client Service Representative at (412) 487-6048.