Other Services

We are committed to the success of your business.  Large or small, we have a variety of products that are designed to meet your business needs.  In today's competitive environment, your focus is to grow your business and your profit.  We can help you achieve these goals with the technology and expertise needed to help you simplify your operations.

 

EMV MasterMoney Debit Card

With Bank of Eastman and Magnolia State Bank’s EMV MasterMoneyTM Card, paying for the things you want and need just got a whole lot easier. The EMV MasterMoneyTM Card, which bears the MasterCard(R) symbol, is a “debit” card - a card you use like a check for your purchases. With your EMV MasterMoneyTM Card, the funds are automatically deducted from your checking account, eliminating the need to use cash, to charge, or to write checks! And since MasterCard(R) is accepted at more than 12 million locations worldwide, your card can be used to shop, eat, travel, buy a concert ticket, go to the dentist... whatever!

MasterMoney shopping is safer than cash, and simpler than checks! And it has all the benefits of using a credit card without a credit card statement at the end of the month. Your EMV MasterMoneyTM debit card also replaces your ATM card. So, if you don’t already have a EMV MasterMoneyTM Card, drop by your closest Bank of Eastman or Magnolia State Bank branch today.

This new card available from Bank of Eastman and Magnolia State Bank provides you with an enhanced level of security. Every time you use your card at a chip-enabled terminal, the embedded chip generates a one-time use code which is virtually impossible to duplicate and helps in reducing card not present fraud, the most prevalent type of fraud in the United States. When using your card at a merchant that has a chip-enabled terminal, simply insert your card into the terminal with the chip facing up when prompted to pay and leave it in place until the transaction is complete and the terminal prompts you to remove your card. You may be asked to input your pin during the transaction or to sign your receipt afterwards, this will depend on the merchant. If the merchant does not yet accept chip-enabled cards, simply swipe your card as you normally would and complete your transaction. You have all the same benefits and security of our previous cards with an additional layer of security to give you more peace of mind when it comes to your everyday purchases at a chip-enabled terminal. For your convenience, you will find below a three step guide to how to use your new EMV chip card.

                                 chip technology

PLEASE NOTE: There is going to be a cross border charge for any debit transactions performed in another country. Please see your CSR or look in your statement for more details.

To report a lost or stolen debit card, call 1-800-500-1044 or your local branch.

 

Instant Debit Card Alerts

With real-time text alerts sent to your phone, you can quickly detect and stop fraudulent use of your debit card.  Once enrolled, you will receive a text message anytime your MasterMoney Card is used.  To sign up or if you have any questions, call your local branch.

PLEASE NOTE: This is a text communication.  The following may apply.

  1. Message frequency varies by account
  2. Message and data rates may apply
  3. Text HELP to 72586 for help
  4. Text STOP to 72586 to cancel

Participating carriers include AT&T, Sprint, T-Mobile, Verizon Wireless, Boost, Virgin Mobile, MetroPCS, AlltelAWCC, Cricket, Google Voice, and U.S. Cellular.

 

Visa Gift Cards

The Visa Gift Card is the perfect gift.  And, it can be used everywhere Visa Debit Cards are accepted!*  So, no matter what the occasion, you'll be giving exactly what they want - every time.

Benefits include:

  • Acceptance - The card is welcome at millions of locations worldwide, including retail stores and online.
  • Fits any budget - You choose the amount you want to give - to the penny.
  • Safer than cash - Unlike cash, it can be replaced if lost or stolen.

To purchase a Visa Gift Card, visit any of our branch locations.

Give them what they really want.  Get a Visa Gift Card today!

 

Safe Deposit Boxes

Bank of Eastman and Magnolia State Bank offer a wide variety of Safe Deposit Boxes for your convenience.  All Safe Deposit Box rental is charged annually and we provide competitive rates.  For further information, please contact a Customer Service Representative at one of our convenient locations near you.

 

ACH Origination

Bank of Eastman and Magnolia State Bank are proud to offer ACH Origination Direct Deposit and Drafts for your business needs.  ACH is a nationwide electronic funds transfer system enabling online ACH (Automated Clearing House) origination of debits/credits.  It offers a convenient, efficient, and economical way of processing various electronic transactions.^

Automated Clearing House (ACH) allows you to improve your payment processing efficiency and accuracy.  Save your company time and money by originating financial transactions such as payroll, debit and credit batches with complete security.  ACH can also be used to collect regular monthly payments, such as loan payments, membership dues, and utility payments.^^

Ach Services Include:

  • Direct Deposit of payroll
  • Business-to-business payments
  • Collection of monthly payments such as loan payments and membership dues

Benefits:

  • Removes the hassle of creating and distributing payroll checks
  • Provides complete audit trail of payments for more efficient reconcilement
  • Enables timely payment of invoices
  • Convenience of collecting payments from the comfort of your desk.

 

*The Visa Gift Card can be used at over twenty million locations worldwide wherever Visa debit cards are accepted.  Following 12 consecutive months of inactivity, a monthly fee of $4.95 will be applied to any remaining balance.  Funds do not expire.  The card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc.

^Rules and regulations governing the ACH network are established by NACHA - The Electronic Payments Association and the Federal Reserve.

^^Initiating the ACH Service is subject to account approval; see a CSR for more details.