Business Banking Services

ACH Origination - Automatic Payroll Service

Small and large businesses use direct deposit to pay their employees. This affordable, automated system allows you to electronically credit your employees account on payday. It is convenient for both businesses and employees.  The benefits include:


Reduced administrative and operating expenses.
Reduced time in reconciling, as the bank posts 1 entry for your payroll file instead of 1 entry for each check.
Eliminates the time and cost associated with lost checks
Eliminates check stock costs
Employees love the convenience of having their money in their account on payday.

Through our FREE online banking solution, there are NO setup fees to become an ACH Originator.  Costs associated with processing ACH items depend on the number of items originated each month.  Costs range from $0.15 per item for companies that originate over 200 items per month to $0.50 per item for companies that initiate as few as 1 item per month.   We have the solution that can start saving you time & money today!  Please contact a Customer Service Representative and see if your business qualifies to become an ACH Originator!

Automated Payments

Automated payments offer the ability to obtain payment from a client by debiting their account electronically. Your clients will enjoy the convenience of not having to write out a check each month and you will see improved cash flow and time savings with processing payments.  Benefits Include:


Accelerated availability of funds.
Improved cash management forecasting.
Improved business relationships with customers.
Certainty of delivery.
Reduced bank fees.
Reduced mail fees.
Reduced billing costs.
Enhanced public recognition by providing an effective, efficient, and innovative payment service.
Customers benefit by not having to write & mail you a check.

Credit Card Processing

First State Bank of Wyoming has partnered with Heartland Payment Systems–a full service expert in payment processing. They are one of the nation’s leading credit card processors, and offer a full line of payment acceptance options designed specifically for your type of business. Visit them at


Direct Connect for QuickBooks

Automate and simplify your banking by using Direct Connect for QuickBooks.

Save time and improve efficiency by managing and downloading all bill payments directly from QuickBooks. Transfer funds from one FSBW bank account to another using QuickBooks. Direct Connect files can be automatically opened from within QuickBooks. Direct Connect data includes complete transaction and balance information to make categorization and account reconciliation easy.

Web Connect

Web Connect allows you to automatically download your transactions from Small Business Online Banking, launch your QuickBooks® software and reconcile your transactions all in an easy step. With Web Connect, there is no more searching for downloads and importing Quicken® Interchange Format (QIF) files, and no more duplicate transactions due to multiple QIF downloads.

Positive Pay

Help stop check fraud.

Positive Pay is a fraud prevention tool that allows you to monitor items posting to your accounts. If an issued item does not match the record, then you can choose to pay or to return the item. You can think of Positive Pay as a security system for your checking account. You get the peace of mind knowing any check that clears your account was issued by you and only you.

Simply give us a list of checks that you wrote and Positive Pay compares it to the checks coming into your account. If anything doesn’t match, you’re in control of deciding to pay it or not. All you need to do is log into your account to view images of suspect checks posted on our secure website. Not only can you confirm each check you write, but you can also choose to pre-approve your ACH payments. Check Positive Pay and ACH Positive Pay work closely together to limit your exposure to possible fraud.

For information regarding Positive Pay and our other Cash Management Services, please contact our CSR team at 651-462-7607

Savings to Checking Overdraft Protection

Looking out for the needs of our customers is one of our top priorities. That is why we offer products such as Savings to Checking Overdraft Protection. You no longer have to pay high overdraft fees, or high interest rates on lines of credit. We are looking out for your financial success!

Protect yourself against overdrafts using your own savings account. This feature can be added to any checking account. If your checking account balance falls below zero we will automatically transfer funds from your savings account to cover the shortage. The fee for this service is $5.00 per daily transfer. A substantial saving in overdraft fees and you can be assured that your checks will be covered. Ask a Customer Service Representative today about adding this feature to your checking account.

Please note: This feature is not meant as a means of carrying a zero balance checking account. Regular per items fees will apply.

Ready Reserve Personal Line of Credit

A Personal Ready Reserve loan can save you money by automatically transferring funds into your checking account when you need it. Funds are transferred from your Personal Ready Reserve loan to your checking account when your checking balance falls below a level set by you. Personal Ready Reserve is perfect for people on the run.


No fees for loan advances.
No annual maintenance fees.
No fees for unused balances.
You can pay off all or any part of your outstanding balance at any time without penalty.

When you use your Personal Ready Reserve, your finance charge will begin to accrue when an advance is made to your checking account. We will apply a daily periodic rate of .04931% to the “principal balance” of your loan account. This is equal to an ANNUAL PERCENTAGE RATE of 18%.


To add this feature to your checking account, contact one of our lenders today at (651) 462-7607.