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'ibranch for Your business' Released to Commercial Market.


TOTOWA, N.J.--(BUSINESS WIRE)--Nov. 2, 1999--

Greater Community Bancorp(R) (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: GFLS) announced today its release of 'ibranch(SM) for Your business'- its business-critical cash management Internet service - to its commercial customers. 'ibranch for Your business' is available immediately at all three of Greater Community Bancorp's bank subsidiaries, Great Falls Great Falls, city (1990 pop. 55,097), seat of Cascade co., N central Mont., second largest city in the state, at the confluence of the Missouri and Sun rivers and near the falls that give the city its name; inc. 1888.  Bank (www.greatfallsbank.com), Bergen Commercial Bank (www.bergencommercial.com), and Rock Community Bank (www.rockcommunitybank.com).

After its successful June release of ibranch, Greater Community felt that 'ibranch for Your business' was the next logical step in its Internet strategy. Similar to ibranch, 'ibranch for Your business' offers bill pay, account history, funds transfer, and view balance and statement capabilities. But, that's just the start of a long list of features. 'ibranch for Your business' also enables businesses to perform business-critical tasks, such as Payroll Disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money.
     2.
 via Direct Deposit regardless of where their employees bank, complete ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to  Origination (debits and credits) features, Wire Transfers, FastPay, and Tax Payments online.

"We are excited to offer our business customers a business-critical application that can assist them to streamline their business processes and increase employee productivity. 'ibranch for Your business' proves once again our commitment to our valued customers and our philosophy to set the standard for community banking," remarked George E. Irwin, Greater Community's President and Chief Executive Officer.

While many other banks only offer Internet banking to retail customers or are just beginning to offer Internet banking, Greater Community Bancorp(R) is proud to represent the first community banks in its market areas to roll-out a business-critical cash management Internet solution to businesses.

Greater Community Bancorp(R) (www.greatercommunity.com), headquartered in Totowa, NJ, operates 16 banking facilities through three banking subsidi aries, Great Falls Bank in Passaic County, Bergen Commercial Bank in Bergen County, and the newly formed Rock Community Bank in Glen Rock Glen Rock, borough (1990 pop. 10,883), Bergen co., NE N.J., a residential suburb of New York City; settled c.1710, inc. 1896. George Washington's army used the area for camping grounds during the Revolutionary War. . In addition, GCB GCB Gaming Control Board
GCB Guyana Cricket Board
GCB Gas Circuit Breaker
GCB Groupement des Cartes Bancaires (French credit card data processor)
GCB General Council of the Bar of South Africa
GCB Grand Cross of the Bath
 operates two non-banking subsidiaries, Greater Community Financial, L.L.C. (www.gcfinancial.com), a securities broker and dealer, and Highland Capital Corp. (www.highlandcc.com <http://www.highlandcc.com/>), a commercial equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
 company.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 2, 1999
Words:344
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