What is Direct Connect?
Connect allows a two-way connectivity between the bank and the accounting
software. With Microsoft Money, or Intuit Quicken/QuickBooks you may connect
directly to the bank’s OFX server to request account transactions, initiate
transfers, and send payment requests.
What is OFX?
Open Financial Exchange (OFX) is the industry standard
for electronic transfer of financial data between financial institutions (FIs),
businesses, and consumers via the Internet. OFX streamlines how financial
information is delivered from our bank directly to your computer.
What versions of Quicken or QuickBooks are supported by Direct Connect?
The current year's version or two prior years
of Quicken® or QuickBooks®.
Is Direct Connect secure?
Yes, Direct Connect is fully secured with support for
128-bit encryption. We authenticate your identity based upon your User ID and
What benefits does Direct Connect provide?
Direct Connect can help you conveniently track your
expenses, budget your money and keep your finances updated. You can download
transactions, update account balances, and manage your bank accounts directly
with us. You can also transfer funds between your accounts with Direct Connect
and pay bills via the accounting software.
How many days of data are available for me to download?
transactions listed for the last 45 days can be downloaded.
Will I incur any fees?
Yes. If you are a
consumer (non-business) customer, the cost is $9.95 per month with unlimited
online sessions. Additionally, you can take advantage of unlimited free bill pay
if you receive an eStatement for your account.
Pricing for business
customers is $9.95 which includes unlimited number of online sessions. Bill
payment is an additional $6.95 per month. This includes 20 bill payments free
and 55¢ for each bill pay in excess of 20 per month.