Printer Friendly

BARNETT INTRODUCES THREE NEW PRODUCTS FOR SMALL BUSINESSES

 BARNETT INTRODUCES THREE NEW PRODUCTS FOR SMALL BUSINESSES
 JACKSONVILLE, Fla., July 6 /PRNewswire/ -- Barnett Banks, Inc. (NYSE: BBI) today introduced two checking accounts for small business owners who seek free checking with a low minimum balance requirement and no per-item charge. Florida's leading bank also has begun offering businesses 24-hour access to a new information system called Business SuperPhone.
 All three products are designed for businesses with less than $5 million in annual sales and are available today.
 "These are some of the many new services Barnett is developing specifically for small businesses," said Steve Hickman, director of Small Business Banking. "No other banking organization in our market area is as committed to providing small businesses with top-notch services at reasonable prices as Barnett."
 The checking accounts are:
 -- Small Business Checking: For low volume businesses making fewer
 than 100 monthly transactions.
 -- Business Checking: For businesses making 100 to 250 monthly
 transactions.
 "What's special about Barnett's new accounts is that other banks charge per item fees for similar products," said Hickman.
 Both accounts feature a low, flat monthly fee with no charge for items deposited or debited to the account. The fee can be avoided through easy-to-maintain compensating balances.
 Business SuperPhone is a new, confidential information service that provides account information by telephone to business customers 24 hours a day. By calling toll-free, business customers can obtain balance information and verify transactions and funds availability. Customers may also speak directly to a business specialist around the clock, seven days a week. And, businesses can call as often as once each business day free of charge.
 "We're the only bank in our market offering this type of service 24 hours a day," said Hickman.
 Earlier this year, Barnett introduced The Barnett Connection, a software package that gives small business customers a direct link to Barnett to perform services including funds transfer, balance and transaction reporting, and account reconciliation.
 With $32.9 billion in assets and 597 offices in Florida and Georgia, Barnett Banks, Inc. is Florida's leading financial institution and the 18th-largest in the United States. Its stock (BBI) is listed on the New York Stock Exchange.
 -0- 7/6/92
 /CONTACT: Bob Stickler of Barnett Banks, 904-791-5437 (office) or 904-396-9284 (home)/
 (BBI) CO: Barnett Banks, Inc. ST: Florida IN: FIN SU: PDT


AW-JB -- FL002 -- 6582 07/06/92 11:25 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 6, 1992
Words:390
Previous Article:MUSCATINE (IA) ELECTRIC REVENUE REFUNDING BONDS RATED 'A' BY FITCH -- FITCH FINANCIAL WIRE --
Next Article:FORD MOTOR COMPANY REPORTS U.S. SALES
Topics:


Related Articles
FIRST FLORIDA TO MERGE WITH BARNETT BANKS
BARNETT NAMES HICKMAN DIRECTOR OF SMALL BUSINESS BANKING
BARNETT'S FREEMAN NEW CHAIRMAN OF CONSUMER BANKERS
BELLSOUTH AND APPLE COMPUTER TO TRIAL PROTOTYPE DISPLAY PHONE AND SERVICES; BARNETT BANKS TO TEST HOME BANKING
NEW BARNETT VISA BUSINESS CARD CAN HELP SMALL BUSINESS
BARNETT BANK OFFERS NEW RETIREMENT PLAN FOR SMALL BUSINESSES
SBA RECOGNIZES BARNETT AS LEADER IN SMALL BUSINESS LENDING
BARNETT OFFERS INNOVATIVE LETTER OF CREDIT FOR SMALL BUSINESSES
BARNETT HELPS SMALL BUSINESSES IMPROVE CASH FLOW
Barnett To Expand Menu Of PC Banking Options

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters