Association Advantage Interest Checking

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Association Advantage Interest Checking

Commercial » Commercial Checking »

This income-generating HOA checking account offers property management companies, condo associations and homeowner's associations a host of features and specialized services that are designed to address an HOA's banking needs.

Features
  • Unlimited Transactions (no per-item fees)
  • Business Internet Banking
  • InfoExpress 24 hour Telephone Banking
  • Complimentary E-Statements
  • Complimentary Online Bill Payment
  • Complimentary Monthly Image Statements
  • Night Deposit Facilities
  • Complimentary account alerts customizable to your needs
HOA Services: Lockbox

Automate collections with our Lock Box Services! Unit owners send their monthly maintenance coupons and payments to a post office box that we manage for you. We check the contents of the PO Box daily and post the items to your account on the same business day.
HOA Services: Auto Pay

Regular maintenance fees and special assessments are collected automatically from owner’s accounts and deposited into the association's account at Executive National Bank.
HOA Services: Association Lending

Insurance premium financing, capital improvement, and construction loans for a variety of association needs. Loans are available without the personal guarantees of the board of directors and repayments can be customized to meet your guidelines.