Business Banking:

The management and employees of Woodland Bank take pride in its partnerships with the businesses located in our surrounding communities. Our customer service representatives will assist you in setting up financial services that fit the individual needs of your business. These services include everything from business checking accounts to merchant credit card processing. We also offer a variety of loan programs including commercial real estate loans and credit lines.

Business Checking Accounts
Woodland Bank provides our business customers with two convenient checking account options. The Woodland Business account is the most popular choice for our business customers. It offers a low minimum balance of $200.00 with no monthly service charge. The budget account is well suited for the small business owner as it requires no minimum balance and a simple fee of $0.20 per check or debit.

Commercial Loans
Our expert commercial loan officers will assist you in meeting the financing needs of your business. All of our commercial loan rates are based on Prime rate as published in the Wall Street Journal.

Online Cash Management
Focus on your business, not your banking. It’s easy with our Cash Management Service for businesses. Our online Cash Management tool lets you take care of your business banking needs 24-hours a day, 365 days a year. Simply log on to our secure website from any computer and you can:

· Get up-to-date account balances
· Transfer funds between accounts
· Make loan and bill payments
· Schedule wire transfers
· Export transactions directly to your accounting software
· Prepare and send payroll electronically
· View pending transactions
· And much, much more!

Banking has never been easier. With Cash Management, you can spend less time on banking and more time on business. Call today at 218-566-2355 or contact us for more information or click here to view the online demo.

Merchant Capture/Remote Deposit
BRING THE TELLER WINDOW TO YOU - CONVENIENCE AT YOUR FINGERTIPS

• Merchant Capture is a service Woodland Bank offers that allows you to remotely scan your own checks at your convenience from your desktop. The checks are then automatically converted into industry standard check images and electronically transmitted to the bank as a deposit same day.
• All you need is a desktop computer, printer and high speed internet. Woodland Bank will provide the check scanner and software for you.
• Woodland Bank will provide onsite training for your first deposit as well as install all necessary software and scanner. After your initial deposit, Woodland Bank is just a phone call away for additional help.
• Merchant Capture will benefit you and your business in the following ways
• Cost reduction – no more driving to the bank, no more stamps
• Eliminate the liability and inconvenience of driving to the bank
• You can do this on your time, be it 8 in the morning or 8 at night, whatever works for you.
• Faster and quicker – no more waiting for the mail to get to us, or finding time to drive to the bank. The day you scan the deposit is the day you receive credit.
• search past deposits – have a question on a deposit, you can look up images of all past checks in a deposit.
• No more filling out deposit slips by hand – the software will create an electronic deposit for you; along with add up the deposit.