- The Farmers & Merchants Bank has invested in the latest
computer equipment that allows us to capture an electronic image of
all checks written and items deposited into your account.
- The digital image becomes a permanent document replacing microfilm,
and can be reproduced at any time and in various sizes.
- Each month when your statement is prepared, your images are gathered,
matched to transaction information, organized by check number and
printed on statement paper.
- Every checking customer receives a free 3-ring binder in which
to conveniently store each months statement and images.
What are my benefits?
- Easier statement reconcilement
- Checks are presorted in numerical order to match your register
- Dollar amount, check number, and date of posting is separately
reported under each check
- Balancing your checkbook has never been faster and easier
- We give you a ready-made filing system
- Checks and statements are printed on pre-punched 3-hole paper.
Just snap your statement in the folder.
- Easier income tax preparation
- All of your checking account records for the year are together
and organized in one place, eliminating the year end search for
checking account records.
- Enhanced bank research capabilities
- When you need information about your account, we can provide
it to you almost immediately. Copies can be picked up at the bank,
faxed, mailed or e-mailed the same day.
- Future Benefits
- As technology and bandwidth improves we anticipate being able
to offer your complete statement on line as well as offering your
financial records on CD.
What if I need to prove something was paid?
- Imaged checks are fully accepted by the IRS and in a court of
law.
- Image technology can proved any information almost instantly.
- We have the ability to enlarge items for signature and endorsement
verification.
- The quality and clarity of an imaged check is preferred over microfilm
copies for proof of payment.
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