BUSINESS BANKING SERVICES
Business MasterCard Credit Cards
Offering a guaranteed line of credit, our MasterCard Business Credit Card is the perfect cash alternative for daily purchases– use it to order supplies, for travel or entertainment. Earn points with our ScoreCard Bonus program redeemable for merchandise, travel and more!
Click here to download the Business MasterCard application.
Click here for Credit Card Rates & Fees
To report a Credit Card lost or stolen call:
During normal banking hours - 1-866-820-1533 ext. 420
After normal banking hours - 1-800-423-7497
MasterCard Debit BusinessCard
The MasterCard® Debit BusinessCard™ is both an ATM and a debit card in one. It is the most efficient way to make all kinds of everyday business purchases, eliminating the need to use personal funds or petty cash. It can be used anywhere MasterCard® is accepted.
- Earn ScoreCard Reward points for signature based transactions
- Purchases are automatically deducted from your business checking account
- An itemized record, including date, amount and location of purchases will appear on your monthly checking account statement
- No monthly payments or finance charges
- You can request extra cards for your employees
- You can set variable daily limits on purchases and cash withdrawals
- Not having to carry cash increases security
Best of all, it’s FREE!
To report a Debit Card lost or stolen call:
During normal banking hours - 1-866-820-1533
After normal banking hours - 1-800-236-2442
ScoreCard Rewards Points
With the ScoreCard™ Rewards program you’ll earn Bonus Points for making purchases with your Business MasterCard Credit Card or your MasterCard Debit BusinessCard. There’s no waiting, you begin earning Bonus Points with the very first purchase you make. Points can be redeemed for airline tickets, hotel accommodations, brand name merchandise, and more! For your convenience, visit www.scorecardrewards.com for more information, and exciting ways to use your Bonus Points.
How does it work?
Simply follow these steps:
- When making a purchase and you are asked for your PIN number or prompted to choose “credit” or “debit,” choose “credit” and sign.
- Be sure to sign the sales receipt when available. In some cases, you won’t need to sign a sales receipt, such as paying for gas at the pump or shopping online. Just choose “credit” and you will receive the same benefits.
Remember, any signature based transaction big or small qualifies.
How will I know how many points I’ve earned?
You will receive a quarterly statement reflecting your points balance, or visit www.scorecardrewards.com anytime and see how many points you have to spend.
How do I redeem my points?
Whether you choose online, on the phone, or through the mail, redeeming your points is easy.
Merchant Services
Increase your sales and take advantage of competitive rates- Merchant Services gives you the ability to accept customer’s debit cards and credit cards. We have partnered with Elavon, one of the largest merchant processors in the country, to deliver the best product in the market. One machine can route payments to multiple deposit accounts.
With Merchant Services, you can accept payments from:
- MasterCard®
- Visa®
- American Express®
- Discover®
- Diner’s Club®
- Carte Blanche®
Our friendly staff will help you select the best equipment for your type of business, install it, and show you how to use it. Purchase or leasing options are available. FREE Technical Support. Free Rate Check .
iLockBox
Depositing your accounts receivable payments is labor intensive and time consuming. With iLockbox, our staff processes your accounts receivable payments and makes your deposits timely, safely and accurately. iLockbox provides you with the ability to download all payment information directly to your accounting software, allowing your staff to be more efficient and productive. Also, iLockbox is a web-based solution allowing you access to your information anytime. You and your staff can research any relevant information online in seconds, not hours or days.
How iLockbox works:
- Your customers mail their payments to you at a special Community Bank of Florida post office box.
- Bonded couriers deliver the envelopes from the Post Office to Community Bank of Florida’s processing site. Our staff opens the envelopes in our secure processing center and processes the payments, preparing a deposit to your account the same day.
- On the morning after processing, all payments, reports, and transaction files are available to you online.
- Transaction files can be automatically downloaded to your accounting software for posting.
- Any exception items, such as “no coupon” payments, will be corrected online by your staff on the morning following the processing of your payments.
Benefits and Features of iLockbox:
- Reduces costs and improves productivity
- Reduces time spent processing your accounts receivable payments
- Improved cash flow – efficient daily deposit processing and reporting
- View all payments online – improves accuracy with online access to all payment information
- Access all reports and transaction files online – improves productivity with automated updates to your accounts receivable system
- Process “no coupon” payments online – empowers your staff to accurately and timely post exception items without bank intervention
- Process “stops” online – allows you to post “stops” for foreclosure processing online
>> Watch iLockbox Demo
EZ Deposit
Our closest Financial Center is your counter top– our EZ Deposit Service allows you to deposit all your business checks right from the office! How does it work? You accept check payments from your customers. Using EZ Deposit, you scan and submit those checks securely over the Internet to us.
- Easy to use
- Eliminate fraud
- No more trips to the bank
- Make deposits at any time
Our friendly staff will help you install the equipment and show you how to use it. Try it FREE for 90 days!
*After the free 90 day trial period, a monthly fee based on commercial analysis will be charged.
>> Watch EZ Deposit Demo
Retirement Planning
Through our subsidiary, Community First Investments, Inc. you can enhance your relationship with your employees by offering them retirement plan options. CFI offers a wide variety of plans available to our business clients and their employees.
Qualified plans are available to businesses of any size. We offer Simplified Employee Pension Plans (SEP) and 401(k) plans. Help your employees find retirement security by calling us today at (305) 245-2627 in Miami-Dade County or 866-245-3627 toll free.
*Offering securities and insurance products through Great American Advisors, Inc., Member FINRA and SIPC. GAA and Community First are not affiliated. Products offered by GAA are not FDIC insured. They are not deposits or other obligations of the bank and are not guaranteed by the bank. Investment is subject to investment risks, including possible loss of principal invested.
Community Leasing
Why not consider leasing equipment instead of purchasing? Our Subsidiary, Community Leasing, can offer alternatives to financing with no down payment required. Here are some benefits to leasing:
- Financial Flexibility
- Improve Cash Flow
- Conserve Working Capital
- Protect Your Bank Line of Credit
Insure Pay
Insure Pay is our prepaid insurance premium financing program. Finance insurance premiums such as:
- Unemployment Insurance
- Workman’s Compensation
- Fire
- Theft
Finance up to 80% of policy premium without worrying about prepayment penalties.
Night Depository
If you are unable to visit the bank during normal banking hours, use our Night Desposit service to make your deposits. We provide you with a secure and safe way to deposit your business' daily sales. Please call your local financial center for more information.