Small Business Payments

Digital tools to make life easier for business owners.

  • Simple electronic payments
  • Online enrollment
Contact Us

Solutions for your business needs

Small Business Payments¹ is an easy, secure system that allows businesses to make electronic transfers for payroll or payments.
 
Small Business Payments is located within our NetWorth24 Online Banking system and provides businesses the ability to pay employees and vendors with ease.

Use Small Business Payments to

  • Make payments (Pay employees or vendors using ACH payments)
  • Collect payments (Collect customer payment plans or rent using ACH payments)
  • Send same-day domestic wire transfers (electronic transfers anywhere in the U.S.)
  • International wire transfers (electronic transfers outside of the U.S.)

ACH Payment Pricing:

  • $5 per month, with no per-ACH fees, if the business meets these three criteria:  1. Has a Free Business Checking Account, 2. Has eStatements, and 3.  Ten (10) or more Business Debit Card transactions per month.
  • $15 per month, with no per-ACH fees, if the business does not meet the above criteria.

Note: Your Business must meet all three criteria each month to be charged $5. The $5 or $15 payment will be automatically deducted from the Business Savings at the end of the month, depending on which criteria are met.

Wires Pricing:

  • Domestic Wires: $15 per wire
  • International Wires: $45 per wire

 

To sign up for Small Business Payments, log in to 7 17’s NetWorth24 Online Banking and complete the “Enroll in Small Business Payments” online form located under the Business tab.  A 7 17 representative will follow up with you. Not enrolled in Online Banking? Learn how to enroll today!

  • ACH Payments:  If you initiate your ACH Payment prior to 2 pm, the funds will be available the morning of the next business day. ACH Payments initiated after 2 pm will be available in 2 business days.
  • Domestic Wires: If you initiate your Domestic Wire prior to 2 pm, the funds will be available the same business day.  Wires initiated after 2 pm will be available the following business day.

You also can connect your business accounts to QuickBooks to simplify your tax preparation after you purchase your specified version of QuickBooks. Here's how to export your account information.

1 Based on Credit Union approval.
 

Sign up for Small Business Payments or contact us to discuss your payment and payroll options.