There have been reports of text message phishing attempts targeting individuals within our customer community. If you receive any text message about verifying suspicious transactions, please do not provide any online banking credentials or personal information. If you have provided any information, please contact Farmers Customer Support at (1-888-988-3276).
We serve as the commercial bank for businesses as diverse as manufacturers, retailers, public entities, nonprofits, professional and service companies, both small and large. Farmers takes a practical approach to your banking needs and offer the latest products and technologies.
Treasury Management at Farmers
The way we see it, our job is to provide you with solutions to your banking needs that are clear, direct and beneficial to managing and growing your business.
Find the Smart Pay Mobile App on your Apple or Android devices.
Disbursements and Payable Solutions
Maximize your cash flow with effective and resourceful cash management tools from Farmers.
Control the costs, timing and security when it comes to paying employees, issuing payments to vendors and suppliers, and handling other business expenses.
Automated Clearing House (ACH)
With ACH, you can create payroll direct deposit, pay expense reimbursements, and make payments electronically.
Online Wire Transfer
Suited for businesses that send high dollar-value payments, our Wire Transfer service offers a fast and reliable method to disburse funds, right from the convenience of your office. Token, Trusteer software and call backs provide additional security against the ever-growing risk of wire fraud.
Controlled Disbursement
Controlled Disbursement allows a business to verify required conditions are met before paying a check. This security feature requires all presented checks be approved by the issuer.
Check and ACH Positive Pay
Check Positive Pay automatically verifies the authenticity of presented checks before they are paid, while also stopping altered or counterfeit checks from clearing your account.
ACH Positive Pay enables a business to list approved sources for ACH debits that are clearing a checking account.
A purchasing card offers an efficient, cost-effective process for companies to make electronic business-to-business payments for services and goods. With this type of bankcard, employers can place spending caps for specific departments/employees, set monthly limits and make purchases from specific merchants.
Netspend® Paycards
Netspend® Paycard, also known as a payroll card, is a prepaid card that employers can use to pay employees instead of issuing paper checks or using direct deposit. These cards offer your employees safe, secure and instant access to their paychecks. No waiting for checks to clear or expensive check cashing fees for your employees.
Business Credit Card
Let Farmers National Bank’s business credit card play a part in your daily business. Whether your business is big or small or somewhere in between, we’ve seen it all!
Features:
0% introductory annual percentage rate (APR) for the first 9 billing cycles following the opening of your account
After 9 billing cycles, APR will be 13.24%; APR will vary with the market based on the Prime Rate*
1% cash back on your purchase**
Local decision making
Easy-to-read statements
Consolidate business spending in one place
Stop in to your local Farmers branch to apply.
Lost or Stolen Credit Card?
For a lost or stolen card in the United States, call 1-866-552-8855 toll-free, 24 hours a day.
Receivables
Accelerate receipt of accounts receivables
To enhance your cash flow position through the use of state of the art technology solutions.
Lockbox Services
Reduce payment processing and convert collections into cash faster with our Lockbox services. Farmers provides an efficient, secure and cost effective Lockbox solution that allows customers to receive, deposit and post payments for low or high volume remittance accounts.
Automated Clearing House (ACH)
With ACH, businesses can concentrate payments from your customers thereby saving time and expense in accounts receivable collections.
Remote Deposit Capture
Remote Deposit Capture (RDC), allows businesses to make deposits from your office securely, eliminate trips to the bank, improve the deposit process and increase cash flow. Checks are scanned to create a digital deposit, which is then transmitted over an encrypted Internet connection and the deposit is posted to your account.
Benefits:
Eliminates costs of transporting checks to the bank
Deposits can be made daily despite the weather
Funds are available faster
Speedy notice of returned items
Deposit preparation is streamlined and accurate
Ability to centrally monitor deposit activity across multiple locations
Multiple accounts may be accessed through this service
Browser-based solution means no software maintenance
Robust reporting capabilities
Dual control may be added as an additional layer of security
Training and support provided locally by Farmers National Bank
Merchant Services
By partnering with FiNet, we provide the following payment solutions:
Credit Card Processing: Accept debit/credit cards at your locations to allow your customers ease of payment.
Virtual Terminal: Accept checks, credit card and debit card transactions over the phone.
Mobile Payments: Allow your mobile device to collect payments offsite.
Gift and Loyalty Cards: Reward your loyal customers for their continued patronage.
Check Guaranty: Process checks without fear of returned payments.
Special Options: We offer special options for the medical field, non-profit organizations and municipalities.
Helping You Protect Your Business
One ransomware event or corporate account takeover can cripple a small business. Today, it’s imperative for small business owners to understand the means and methods cyber criminals employ and take every precaution to keep their data safe.
At Farmers, we continue to invest in advanced technology and implement evolving security procedures to make your banking more secure.
This free security download is available to Farmers National Bank business clients. Trusteer provides an additional layer of protection in conjunction with your current firewall and antivirus programs.
Stay informed of local, regional, and global investment trends, and maintain thorough investment policies with Farmers National Bank. Whether you have short or long-term investment goals, our knowledgeable team can help you reach your target, earn interest, and maintain acceptable risk.
Our experienced Treasury Management banking professionals can provide guidance on the following products:
Business Money Markets
Business CDs
Business Sweeps
Business Sweeps
Maximize your funds
With two Business Sweep solutions available, you can maximize your available funds to meet your borrowing and investment needs, all while saving time.
Public Funds Sweep
Public Funds Sweep is available to public entities that are designated as such by their State or the Federal government and is subject to audits performed by that State or Federal authority. This liquid investment option allows for a competitive interest rate with total access by the public entity.
The Public Funds Sweep allows interest on unused funds to be earned and still have the daily availability needed.
All funds are insured up to 102% by pooled collateral. The Bank is an approved financial institution under the Ohio Collateral Pooled System (OCPS).
Insured Cash Sweep (ICS)
ICS, the Insured Cash Sweep® service, is a cash management option provided by IntraFi Network that allows funds placed into demand deposit accounts (DDAs) to be eligible for multi-million dollar FDIC insurance. It is a smart, secure and convenient way to safeguard your large deposits.
You can access your ICS funds placed in the demand deposit account as often as you would like to meet your cash flow needs.
You will receive a monthly statement in the mail, separate from your checking account statement to show where the funds were held each month.
