The document provides information on Commonwealth Bank's employee payroll services, which can simplify payroll processing, improve accuracy, reduce risks and liabilities, and save time. The services include electronic time clocks, tax filing assistance, professionally prepared paychecks and W2s, and additional services like unemployment claims assistance.

1. Employee Payroll Services KEY BENEFITS
Take the hassle out of payroll • Simplify payroll
processing
C ommonwealth Bank, together
with our payroll processor, can help
Electronic Time Clocks
Eliminate manual time clock cards.
• Improve accuracy
Employees can log their time elec- in reporting
your business run more smoothly,
provide you with concise manage- tronically, saving you lots of time in
ment reports and protect you from manual collection of time cards and • Reduce risk and
payroll tax penalties with our in calculating hours worked. Stop liabilities
Employee Payroll Services (EPS). employee time theft and track
Our Business Bankers will help vacation and sick time more quickly • Save valuable time
you get started with our electronic and accurately.
payroll services.
• Provide an additional
Tax-filing
Employee Payroll Our processing partner prepares employee benefit
Now professionally prepared pay- and submits all payroll related
checks, statements and W2s can be returns and reconciliation reports as • Maintain security
delivered to you, signed and sealed. required by federal, state and local and safety
Security and confidentiality are tax agencies. This means your
always maintained. company will avoid costly penalties.
We'll also handle quarterly and
year-end taxes, which provides your
business with timely and accurate
reporting.
Payroll Services
Fighting unemployment claims,
developing employee 401(k) and
IRA plans and handling criminal
background checks on applicants are
just a few of the additional services
offered. Talk with your Business
Banker about your company's
specific needs.
Commonwealth Bank & Trust Company
Real people. Real service. Real business.
MEMBER FDIC / EQUAL OPPORTUNITY LENDER

2. Merchant Credit Card Processing KEY BENEFITS
Increase your company’s profitability
• Increase profits
C ommonwealth Bank, combined
with our merchant processor, can
Credit Card Processing
With Merchant Credit Card
• Maximize sales
opportunities
provide processing for all major Processing, your business will be
credit cards. We offer excellent able to accept major credit cards • Improve cash flow
end-user training and ongoing including VISA®, MasterCard,
support for businesses of all sizes. American Express, Discover, Diners
Club and Carte Blanche. The ability • Immediate access to
Merchant Credit Card Processing is to accept credit cards immediately your payment activity
the state-of-the-art way to conduct increases your bottom-line profits
business for retail stores, restaurants, since customers typically spend • Improved sales staff
home-based businesses and profes- 20% to 50% more with plastic.
knowledge through
sional services. To get started, you
will need a Commonwealth Bank Merchant Reporting personal training
Business Checking Account. Next Merchants have the ability to view
talk with your Business Banker daily deposit activity reports online.
about our merchant credit card
capabilities. Check Verification and Guarantee
Check services include timely claims
reimbursement, support for all major
point-of-sale terminals, and stop-
payment fraud coverage.
Gift & Loyalty Card Programs
Gift & Loyalty Card Programs are
excellent on-going marketing tools
to help merchants build brand
awareness, increase store traffic
and maximize profits. Your cash
flow will be improved by collecting
payments prior to delivery of
product or service. Ask us what's
new in this area.
From equipment sales to technical
support, our Business Bankers help
merchants with all of their credit
card processing needs.
Commonwealth Bank & Trust Company
Real people. Real service. Real business.
MEMBER FDIC / EQUAL OPPORTUNITY LENDER

3. Corporate Leasing KEY BENEFITS
Hold on to your corporate cash • Maximize cash flow
I n today's competitive business
environment, more companies than
Payment plans for leased equipment
are attractive and flexible. The
• Improve profits
• Lower taxes
ever before are leasing some or all professionals at Commonwealth
of their operating equipment. Bank together with our leasing • Enjoy a flexible
Equipment Leasing can be a partner, will establish a payment payment plan
valuable asset for your business. plan that is tailored to match your
In fact, equipment leasing can set company's revenue generation and
the stage for your business growth: the seasonality of your business.
allowing your business to keep cash Payments are typically tax-deductible,
available for income-producing lowering corporate taxes. Leased
investments and provide growth equipment is generally paid for with
and expansion opportunities while pre-tax dollars, not after-tax profit.
enhancing your bottom-line. Leased equipment is not shown as
part of your company's liabilities
Leasing can be the most practical unless the lease itself is capitalized.
option for all kinds of businesses,
from restaurants to construction and Consider leasing for all kinds of
farmers to physicians' practices. business equipment: Computer
Equipment leasing can be an systems, telephone systems, medical
excellent choice for a variety of and dental equipment, farming
businesses. equipment, industrial equipment
and more. Chances are if you can
imagine it, you can lease it. Put the
strength of our experienced Business
Bankers to work for your business.
Commonwealth Bank & Trust Company
Real people. Real service. Real business.
MEMBER FDIC / EQUAL OPPORTUNITY LENDER

4. Automated Clearing House (ACH) KEY BENEFITS
& Electronic Check Conversion • Maximize profits
Take financial control to a whole new level
• Enhance cash flow
A utomated Clearing House
(ACH) is a nationwide network for
Direct Deposit
With Direct Deposit, you write
• Reduce costs
distributing electronic transactions. fewer checks, have fewer checks • Improve security
With ACH, you can move money, to sign and fewer cancelled checks
pay employees or collect bill to store. You’ll also enjoy easier • Reduce risk
payments electronically. All you account reconciliation.
need is a Commonwealth Bank • Minimize manual
Business Checking Account and Employees will be able to access deposits
ACH capabilities. their earned funds more quickly
and easily. With Direct Deposit • Save time
When you become an ACH origin- your employees can eliminate trips
ator, you reduce costs for processing to the bank to cash checks. Direct
paychecks, invoices, collections Deposit is more than convenient.
and wire transfers – all with a few It’s a secure and confidential benefit
keystrokes. The result is greater you can offer employees.
improvement in payment efficiency
for your business as well as quick Direct Debit
and convenient collection of Direct Debit is the most innovative
incoming funds. method available today for your
customers to pay you. With Direct
Debit, you print and mail fewer
hardcopies of invoices. You have
greater control over when the cash
you are collecting enters your
account. You no longer have to
wait for mailed payments to arrive
and then be processed.
(continued on back)
Commonwealth Bank & Trust Company
Real people. Real service. Real business.
MEMBER FDIC / EQUAL OPPORTUNITY LENDER

5. Automated Clearing House (ACH)
& Electronic Check Conversion
(continued)
Point of Purchase (POP) Entries and verifies their account informa-
As a Point of Purchase originator, tion against a set of databases to
your business can electronically ensure the check-writer does not
convert and transmit consumer have unresolved returned checks.
checks seamlessly – making funds
available to you within one business The merchant or company selects its
day. The benefit of converting checks own risk parameters, so it ultimately
at the point of purchase is to has the power to decide whether or
accelerate access to funds and reduce not to accept a particular check.
time spent making bank deposits. The check guarantor accepts the
risk of loss. Your business is funded
POP originators are able to initiate for the full amount of the check
a one-time debit entry for customer within five days of any qualifying
purchases made with a check at the returned check.
point of purchase. For a POP entry,
the consumer’s check is scanned to Account Receivable Check (ARC)
obtain bank information and the With Accounts Receivable Check
purchase amount is entered into (ARC), consumer check payments
the point of purchase system. The are scanned to obtain bank informa-
customer signs a receipt authorizing tion. The data is captured to create
the conversion of the check to an electronic transactions and settled
electronic transaction. The check via the Automated Clearing House.
is then returned to the customer as The original check is destroyed.
a receipt.
Contact a Business Banker today
Check Verification & Guarantee to learn more about these new
A check verification service stops technologies.
bad checks before they enter the
system. For a Point of Purchase
(POP) transaction, the verification
and guarantee service identifies
customers by their driver’s license
Commonwealth Bank & Trust Company
Real people. Real service. Real business.
MEMBER FDIC / EQUAL OPPORTUNITY LENDER