Internet Cash Management gives me “real-time” current account information. What does that mean?
Unlike other financial institutions that update information in “batches” one or two times a day, Five Points Bank runs Internet Cash Management in real-time. Internet Cash Management account balances and transactions for savings and checking accounts are generally current. They will reflect transactions made during the day as they occur when using StarPhone Banking, an ATM or Internet Cash Management. This includes transfers, deposits and withdrawals, and ACH transactions. Balances for other account types, such as loans and CDs, are generally current as of the end of the previous business day.