What Community Advantage Can Do For You

What Community Advantage Can Do For You

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Association Loan Program

Association Protection Line of Credit (APLOC)

Community Advantage is pleased to offer its well-qualified customers the Association Protection Line of Credit.  If you are faced with non-budgeted operating expenses or expenses that exceed budgeted amounts, consider the Association Protection Line of Credit. It is specially designed to handle fluctuations in expenses that may occur from month to month.

As a community association manager or board member, you know the importance of being prepared, especially for those recurring and unexpected expenses.

USE YOUR ASSOCIATION PROTECTION LINE OF CREDIT FOR:
• Utility bills
• Snow plowing
• Insurance
• Natural disasters
• Life safety repairs
• Bill consolidation
• And much, much more!

Features
• Unsecured lines up to $50,000
• Repayment terms up to 12 months (renewable annually)
• Predictable, affordable monthly payments
• Savings on fees and closing costs associated with traditional loans
• Additional advances at any time (up to your available credit line)
• Economical application package – no attorney opinion letter needed
• Streamlined documentation
• Quick approvals
• Low annual fee

 
The time to establish a line of credit is when you least need it, so act now to secure quick access to short-term financing.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.

Reserve Investment Services

MaxSafe® Reserve

MaxSafe Reserve is an advanced solution designed for condominium, townhome and homeowners associations and cooperatives that value convenience and an unparalleled level of protection. MaxSafe Reserve is an innovative and unmatched investment alternative that provides up to 15 times the FDIC security of a normal reserve account.

In today’s volatile marketplace, the added security and convenience of $3.75 million in FDIC insurance per account means peace of mind. How can we offer this unparalleled level of protection? By depositing your funds across our 15 affiliated community banks. Fifteen banks equals 15 times the usual $250,000 level of FDIC maximum protection.

OUR MAXSAFE RESERVE ACCOUNT PROVIDES MANY BENEFITS:

•   Increased audit control
•   Maximum FDIC insurance
•   Convenient check writing
•   Liquidity
•   Single monthly statement
•   Single 1099 form
•   Accurate financial reporting
•   Centralized reserve investments
•   Competitive return
•   Added security

And receiving this maximum safety is easy. Just call Community Advantage today and ask to open a MaxSafe Reserve account with a minimum deposit of $100,000, and keep your reserve funds safe and growing.

Some common frequently asked questions about MaxSafe are:

What is the MaxSafe® Account?
It is a Money Market Account (MMA), with the typical limitation of transactions per month like a normal money market account (please ask a deposit services banker for more details) insurance of up to $3.75 million per titled account. It is available for consumers, businesses and not-for-profits.  A minimum deposit of $100,000 is required to open a MaxSafe Reserve Account. 

How can you offer such a high level of additional FDIC protection?
With 15 separate, but affiliated, community banks in Illinois and Wisconsin, we are able to combine each bank’s individual FDIC protection and offer our customers the benefit of 15 times the normal $250,000 level of FDIC Insurance. All fifteen of these banks are all fully FDIC Insured and “well capitalized” per the FDIC and other government regulatory bodies.  A custody account from our affiliate, The Chicago Trust Company, is opened via a MaxSafe professional, and funds are deposited on your behalf across these 15 banks. 

Is this legal? Is the FDIC OK with this?
This is absolutely legal and is perfectly in compliance with FDIC rules and regulations. While almost no banks in the Chicago area offer this service as of yet, a number of national brokerage houses offer a similar extra-FDIC insured program.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.

Wealth Management Services

About Wintrust Wealth Management

 

As trusted financial advisors since 1931, Wintrust Wealth Management has helped generations of clients and their families achieve their financial goals. Wintrust Wealth Management are affiliates of your community bank. This means a full range of wealth management services, including banking, brokerage, trust administration, estate services and asset management are now conveniently available at your hometown bank. Our services are designed to be used individually to meet specific tactical objectives or in concert with one another to form a well-orchestrated asset management strategy.

Wayne Hummer Investments, one of the oldest and most respected brokerage firms in the Chicago land area, is a well-regarded, local investment firm that is renowned for its superior customer service, prudent investment strategies, and client loyalty.

We have a professional financial and investment planning team devoted to guiding our clients through the complex issues surrounding their financial situations and defining the strategies to achieve their objectives. Wintrust Wealth Management is a firm where our Financial Advisors truly take pride in emphasizing the service in client service.

To learn more about Winturst Wealth Management Companies click here

Wealth Management Services
Wealth management services are provided by Wintrust Wealth Management Companies. The Wintrust Wealth Management Companies are comprised of Wayne Hummer Investments, LLC, The Chicago Trust Company, N.A., and Great Lakes Advisors, LLC.

Our wealth management services, whether in concert or alone can help you plan your estate and invest your assets based on personal criteria and financial goals. We think the most effective wealth management programs are those that are based on a well-considered financial plan. We can assist in the development of your financial and investment plan, as well as serve as the asset manager to your already developed financial plan.

By participating in wealth management services offered by Wintrust Wealth Management, you will feel more secure about your investment decisions. Our wealth management services include trust services, estate services, asset management, retirement planning, and brokerage investments services.

Securities provided by Wayne Hummer Investments, LLC (Member SIPC). Accounts carried by First Clearing Corp. (member NYSE/SIPC). Trust and Asset Management services provided by The Chicago Trust Company, N.A. and Great Lakes Advisors, LLC respectively.

Investments products such as stocks, bonds, and mutual funds:
NOT FDIC INSURED * MAY LOSE VALUE * NO BANK GUARANTEE

Treasury Management

Community Advantage offers a suite of products and services to assist associations in managing their cash and operations. We provide Treasury Management services that allow you to minimize internal administration and maximize use of excess funds. Because different associations have different needs, our treasury management services are flexible and custom-designed for you.

Association Account Products

COMMUNITY ADVANTAGE® of Barrington Bank & Trust Company offers a wide range of financial services that can help meet your financial requirements today and in the future.

Operating Checking Account

The Operating Checking Account earns a competitive Earnings Credit Rate, which is applied to available balances maintained in the checking account. The earnings credit can be used to offset the cost of deposit and lockbox service fees, which are very competitively priced.

Reserve Advantage Money Market Account

This Money Market Account allows you to manage your cash flow by moving funds between your checking account and a FDIC-insured interest-bearing account. This account allows unlimited in person teller withdrawals and deposits and up to six preauthorized withdrawals each month. Interest rates are tiered which provides a higher yield with higher balances. The Regular Reserve Money Market account has a minimum balance of $2,500. The High-yield Reserve Money Market account has a minimum balance of $25,000.

Certificates of Deposit

We offer competitive rates and a variety of terms for our association customers with a minimum balance of $1,000 and a premium rate for accounts with a $100,000 balance. Current interest rates are available upon request. Through our sister banks in Wintrust Financial we can offer up to $3,750,000 of FDIC insurance. Be sure to ask about our rate specials!

MaxSafe® Reserve

MaxSafe Reserve, a new product designed for condominium, townhome and homeowner associations that value convenience and an unparalleled level of protection. MaxSafe Reserve is an innovative and unmatched investment alternative that provides up to 15 times the FDIC security of a normal reserve account.

In today’s volatile marketplace, the added security and convenience of $3.75 million in FDIC insurance per account means peace of mind. How can we offer this unparalleled level of protection? By depositing your funds across our 15 affiliated community banks. Fifteen banks equal 15 times the usual $250,000 level of FDIC maximum protection.

 

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com

Retail Lockbox

Our Retail Lockbox Service is designed to receive a large volume of monthly assessments. It accelerates funds availability, provides timely assessment collections, and expedites assessment receivables at the unit owner level with the precise information you need.

Unit owners will send payments to a post office box unique to their management company, used only for Community Advantage lockbox mail. We pick up the checks at the post office and prepare them for deposit. The bank will deposit funds to the individual condominium accounts on a daily basis. The remittance coupon that your unit owners enclose with their payments will be machine-readable, providing you with the information needed to post assessments.

After initial sorting, the checks are run through an automated workstation that captures the account number, payment amount, property I.D. number, and any other additional information you require. We will organize the information in a format that is compatible with your current accounting procedures. Once data capture is complete, we create an uploadable receivables file that includes individual remittance data plus a summary report that is available for you to use and download.

OUR RETAIL LOCKBOX SERVICE PROVIDES MANY BENEFITS:

• Protects against co-mingling of funds

• Reduces labor and processing costs 

• Ensures data integrity through expanded audit trail

• Accelerates access of the information telling you which residents have paid

• Reduces the time and expense of manual data entry of assessment information

• Minimizes the errors that can result from manual data entry

• Increases processing speed, accuracy, and funds availability

• Competitive pricing



i-Business Lockbox

Business Lockbox Research is an image-based lockbox research tool that can be accessed via the internet. Customers can access their account information quickly without having to contact the bank. Retail lockbox customers can retrieve images of coupons and checks. These images will be available to view by the end of each business day (6 p.m. CST). Lockbox customers can print or view images for 90 days. Operating system requirement: Windows XP.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.

Wholesale Lockbox

Collect and process your assessments more efficiently with our Wholesale Lockbox Services.

Streamlined Funds Management

By instructing unit owners to remit their assessments to a unique lockbox address, associations will enjoy quicker availability of funds and increased audit control. We will pick up the payments at the post office each day and quickly credit your account. All remittance detail is available to associations through a variety of communications.

Without interfering with your current processing of assessments, our Wholesale Lockbox Service provides the fastest possible access to your funds while also reducing operation and collection costs.

OUR WHOLESALE LOCKBOX PROVIDES MANY BENEFITS:

• Increased audit control

• No co-mingling of funds

• Increased funds availability

• Improved operational efficiencies

• Customized service to meet your specific needs

i-Business Lockbox

Business Lockbox Research is an image-based lockbox research tool that can be accessed via the internet. Customers can now access their account information quickly without having to contact the bank. Wholesale customers can retrieve check images. These images will be available to view by the end of each business day (6 p.m. CST). Lockbox customers can print or view images for 90 days. Operating system requirement: Windows XP.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.

i-Assessment Pay

Our i-Assessment Pay service provides unit owners the ability to pay their assessments directly to the association using an E-Check (electronic check) or credit card. Unit owners will receive a receipt and confirmation e-mail providing a full audit trail.

In addition, i-Assessment Pay provides real-time reports for the management company on a transaction-by-transaction basis. This service collects the billing information on a unit-owner account level and provides the management company an electronic receivables file to upload to their accounting software.

With i-Assessment Pay, we can help strengthen relationships and improve assessment collections. Use of this service will eliminate mailing time, improve accuracy, reduce collection risk and related expenses, and give unit owners the speedy service they expect. It also provides the management company with the efficient and accurate processes it needs to provide quality financial management to the association. We accept any card with a VISA®, MasterCard® or Discover® logo.

WHEN YOU ACCEPT ON-LINE PAYMENTS YOU WILL HAVE THE ABILITY TO:

• Offer a new option for assessment collections
• Improve customer service
• Offer significant convenience to your customers
• Reduce your accounts receivable
• Improve collections of monthly assessments
• Reduce expense and time involved in the collection process

Unit owners will be charged a convenience fee for each payment. These fees are subject to compliance with Visa®, MasterCard® and Discover® rules and subject to change without notice. Additional fees for this service may also apply.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at 847-304-5940 or email service@communityadvantage.com.

Automatic Debit and ACH Services

Improve Operational Efficiency

Automated Clearing House (ACH) debits and credits can now be maintained through electronic means in the standard NACHA (National Automated Clearing House Association) format. This provides property management companies greater control over their financial interactions while reducing operating costs, enabling more efficient collection of monthly assessment fees and disbursement payments to vendors.

ACH SERVICES CAN BE UTILIZED FOR THE FOLLOWING TASKS:

• Collection of assessment fees
• Payments to vendors
• Internal transfers between accounts
• Employee payroll
• Federal and state tax payments

All ACH transactions originated by customers and delivered to the bank are processed through the Federal Reserve Bank of Chicago. They have a settlement date that determines the actual debit/credit date.

BENEFITS OF ACH SERVICE:

• Operational costs will be reduced
• Efficiency and collection rates will increase
• Minimizes check writing

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.

i-Business Capture™

Our i-BusinessCapture® service provides you with an easy, fast and convenient way to deliver your deposits to the bank electronically, thereby accelerating balance availability. Traveling to the bank to make your deposit is no longer required, allowing you more time to focus on the needs of your association.

Special imaging scanners are installed at your offices to scan your checks and transmit the images directly to the bank for deposit into your account. With our batch scanners, up to fifty checks for a single deposit account can be inserted into the feeding tray at once, so you don’t have to manually scan each check.

FEATURES AND BENEFITS

•   Increased deposit availability 
•   Reduces paperwork by eliminating paper deposit slips 
•   No need to travel to the bank to make your deposit 
•   Consolidate banking relationships for clients with remote locations 
•   Extended deposit deadlines 
•   Improve check deposit research ability 
•   Our technology specialists will procure and install all equipment

HOW IT WORKS
It’s a simple and fast four-step process:

    1. Log onto the bank’s secure i-BusinessCapture site
    2. Feed your check into the scanner 
    3. Balance the deposit
    4. Submit

 

 

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.

Positive Pay and Account Reconciliation

Billions of dollars are lost each year due to check fraud. With the continued technology advances it has become much easier to create and redeem fraudulent checks. Community Advantage® understands the need for further protection against fraud, so we are offering tools to our customers such as Positive Pay and Account Reconciliation.

How Positive Pay Works

Positive Pay is a monitoring system used to verify what checks are clearing your accounts daily. Customers can use their accounting software to send their issued check files to the bank electronically as checks are issued. Checks issued files are then compared to the check number and dollar amount clearing; items that match are paid without further inspection. Exceptions are reviewed for encoding errors, and errors are corrected. Suspect items are reported to the customer via i-BusinessBanking™ for “pay/no pay” decisions, which require responses by a pre-established time.

FEATURES AND BENEFITS

•   Transfer check issued files directly from your desktop via i-BusinessBanking
•   View report of exception items online
•   Protect your association’s assets from check fraud
•   Control overpayment of exception items
•   Reduce disbursement risk with timely return deadlines


How Account Reconciliation Works

Community Advantage also offers reconciliation services to simplify your internal bookkeeping and to meet your association’s requirements that can be used in conjunction with our Positive Pay service. The bank receives a file of issued checks from you to match checks to be cleared with those that are issued. Additionally, we will send you a file of paid and outstanding checks which will balance to your statement.

FEATURES OF ACCOUNT RECONCILIATION

•   Reduces potential losses due to fraud by identifying suspect checks
•   Accomplishes daily reconcilement in an efficient manner
•   Improves audit control
•   Reduces the amount of your time devoted to account reconciliation
•   Improves financial statement preparation time and quality

 

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or emailservice@communityadvantage.com.

Business Debit Card

We currently offer our customers a Business VISA® Debit Card that acts as two cards in one. The card is your ATM Card and a Banking Card that can be used anywhere (worldwide) that VISA is accepted and will debit your checking account with the bank without writing a check.

Features & Benefits

  • Convenient, no hassle of getting a check approved
  • Accepted anywhere (worldwide) that VISA is accepted
  • Purchase goods and services without issuing a check
  • Card is personalized with the name of the individual to whom the card is issued.
  • ATM withdrawals (worldwide)
  • Transfer funds between accounts within the bank
  • Option to personalize your PIN number

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com

Zero Balance Accounts

The Zero Balance Account (ZBA) provides customers with an efficient, centralized use of available funds for investment purposes while maintaining multiple disbursement accounts at either a zero balance or other pre-determined target balance. How ZBA Works Zero Balance Accounts also provide convenience for business owners by offering separate payroll or processing accounts. With our ZBA, the bank will automatically maintain an agreed upon pre-determined balance in your account. The accounts are linked to a funding account or the primary checking account, which will transfer funds in and out of the ZBA nightly based upon the ending daily balance. Features and Benefits Control over deposits and disbursements for various company branches or specialized functions Centralized cash control while allowing for multiple disbursement options Automatic transfer of funds between accounts Consolidate funds for investment or debt reduction purposes Reduces the occurrence of overdrafts If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com

Fraud Protection Services

Positive Pay and Account Reconciliation

Billions of dollars are lost each year due to check fraud. With the continued technology advances it has become much easier to create and redeem fraudulent checks. Community Advantage® understands the need for further protection against fraud, so we are offering tools to our customers such as Positive Pay and Account Reconciliation.

How Positive Pay Works

Positive Pay is a monitoring system used to verify what checks are clearing your accounts daily. Customers can use their accounting software to send their issued check files to the bank electronically as checks are issued. Checks issued files are then compared to the check number and dollar amount clearing; items that match are paid without further inspection. Exceptions are reviewed for encoding errors, and errors are corrected. Suspect items are reported to the customer via i-BusinessBanking™ for “pay/no pay” decisions, which require responses by a pre-established time.

FEATURES AND BENEFITS

•   Transfer check issued files directly from your desktop via i-BusinessBanking
•   View report of exception items online
•   Protect your association’s assets from check fraud
•   Control overpayment of exception items
•   Reduce disbursement risk with timely return deadlines


How Account Reconciliation Works

Community Advantage also offers reconciliation services to simplify your internal bookkeeping and to meet your association’s requirements that can be used in conjunction with our Positive Pay service. The bank receives a file of issued checks from you to match checks to be cleared with those that are issued. Additionally, we will send you a file of paid and outstanding checks which will balance to your statement.

FEATURES OF ACCOUNT RECONCILIATION

•   Reduces potential losses due to fraud by identifying suspect checks
•   Accomplishes daily reconcilement in an efficient manner
•   Improves audit control
•   Reduces the amount of your time devoted to account reconciliation
•   Improves financial statement preparation time and quality

 

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or emailservice@communityadvantage.com.

ACH Debit Block

Improve Operational Efficiency

Automated Clearing House (ACH) debits and credits can now be maintained through electronic means in the standard NACHA (National Automated Clearing House Association) format. This provides property management companies greater control over their financial interactions while reducing operating costs, enabling more efficient collection of monthly assessment fees and disbursement payments to vendors.

ACH SERVICES CAN BE UTILIZED FOR THE FOLLOWING TASKS:

•   Collection of assessment fees

•   Payments to vendors

•   Internal transfers between accounts

•   Employee payroll

•   Federal and state tax payments

All ACH transactions originated by customers and delivered to the bank are processed through the Federal Reserve Bank of Chicago. They have a settlement date that determines the actual debit/credit date.

BENEFITS OF ACH SERVICE:

•   Operational costs will be reduced 

•   Efficiency and collection rates will increase

•   Minimizes check writing

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.

i-BUSINESS Banking Alerts

Within our online banking exists the capability for you to request e-mail alerts when various things are going on in your account. You can choose to be alerted when any ACH or debit comes through, when your balance goes below a minimum you specify, or many other action items that you can be notified of to verify that the transactions clearing your account are truly authorized.

SAFETY AND SECURITY
i-BusinessBanking uses the most advanced software and systems available, such as tokens, that are protected by state of the art encryption, firewalls and confidential passwords. This means that only you or your designated staff will have access to your company information and prohibits any outside parties from ever acquiring any data.

USER ADMINISTRATION FEATURES
Administrative User ID and Password which allows the Company to:
• Add, Change, or Delete a User
• Set access privileges and functions by users
• Manage user passwords

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com

Online Products

COMMUNITY ADVANTAGE prides itself on offering the highest quality of Relationship Management through the use of our Treasury Management suite of products. Our Trusted Industry Experts can assist businesses in managing their cash and operations as well as provide Treasury Management services that minimize internal administration and maximize use of excess funds. We understand Associations have different needs, which is why our Treasury Management product array is flexible and designed for each customer to meet their unique situation.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com

i-Business Banking

To meet the sophisticated financial needs of our clients, we offer i-BusinessBanking, an integrated Web-based treasury management application. i-BusinessBanking provides your association with 24-hour/7-day access to an extensive array of account information. This will allow you to manage your association’s finances more effectively and further enhance your control of association funds, helping you maximize profitability.

i-BusinessBanking provides users with a full array of electronic banking services including the following features and functions:
• Manage accounts
• Transfers, payments and ACH
• File upload
• User administration
• Statement viewing/retrieval

ACCOUNT REPORTING
• Access information for all of your accounts, including those at other banks
• Balance Reporting and Transaction Reporting (user customized reports available)
• Online Loan Transaction History
• View Check Images
• Positive Pay
• Initiate Stop Payments

PAYMENTS INITIATION
• ACH Disbursements and Collections
• Internal Account to Account Transfers
• Loan Payments

FILE DOWNLOADS/UPLOADS
• Upload files from your internal system’s software to i-BusinessBanking™ (such as ACH payroll Information )
• Download reports from i-BusinessBanking™ to your computer (such as EDI information)
• The Quick Books download feature allows you to transfer account information from i-BusinessBanking™ to your Quick Books software, including the ability to utilize Direct Connect Services

If you’re creating your own ACH files, i-BusinessBanking offers a SECURE file upload service. This service will assist you in the delivery of NACHA formatted ACH files to the bank for automatic debit programs.

USER ADMINISTRATION FEATURES
Administrative User ID and Password which allows the Company to:
• Add, Change, or Delete a User
• Set access privileges and functions by users
• Manage user passwords
• Set up custom alerts

SAFETY AND SECURITY
i-BusinessBanking uses the most advanced software and systems available, such as tokens, that are protected by state of the art encryption, firewalls and confidential passwords. This means that only you or your designated staff will have access to your company information and prohibits any outside parties from ever acquiring any data.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.

Mortgages

While some community banks may not be known for full service mortgage lending operations, we have it all: years of experience, hundreds of loan programs and pricing options, all coupled with the client-focused service that you have come to know from us. Our mortgage professionals have weathered the ever-changing real estate market.  To complement the basic Conventional, FHA and VA Programs, we are positioned to meet the needs of the continually evolving market demands.

Our highly skilled staff is dedicated to providing service that exceeds the expectations of the customer.  By staying abreast of technological advancements, our mortgage professionals can provide low-cost products and services to our customers.  As a result, you will find your experience with us surpasses that of any other lender you have dealt with in the past.

Loan Programs include:

  • We Offer a Complete Line of Loan Programs for Every Buyer
  • Pre-Qualifications Seven Days a Week
  • Fixed and Adjustable Rate Mortgages
  • Jumbo Loans
  • FNMA and FHLMC Conventional Financing
  • FHLMC, FHA & VA
  • 2nd Mortgages and Home Equity Lines of Credit (HELOC)
  • HECM or Home Equity Conversion Mortgages - “Reverse Mortgages” Available in Most States

 

Contact Us

If you are interested in a mortgage, please contact us at

.  If you would like to apply online, please click here.


Wintrust Mortgage is a division of Barrington Bank & Trust, N.A., NMLS # 449042, a Wintrust Community Bank.


 

i-Assessment Pay

Our i-Assessment Pay service provides unit owners the ability to pay their assessments directly to the association using an E-Check (electronic check) or credit card. Unit owners will receive a receipt and confirmation e-mail providing a full audit trail.

In addition, i-Assessment Pay provides real-time reports for the management company on a transaction-by-transaction basis. This service collects the billing information on a unit-owner account level and provides the management company an electronic receivables file to upload to their accounting software.

With i-Assessment Pay, we can help strengthen relationships and improve assessment collections. Use of this service will eliminate mailing time, improve accuracy, reduce collection risk and related expenses, and give unit owners the speedy service they expect. It also provides the management company with the efficient and accurate processes it needs to provide quality financial management to the association. We accept any card with a VISA®, MasterCard® or Discover® logo.

WHEN YOU ACCEPT ON-LINE PAYMENTS YOU WILL HAVE THE ABILITY TO:

• Offer a new option for assessment collections
• Improve customer service
• Offer significant convenience to your customers
• Reduce your accounts receivable
• Improve collections of monthly assessments
• Reduce expense and time involved in the collection process

Unit owners will be charged a convenience fee for each payment. These fees are subject to compliance with Visa®, MasterCard® and Discover® rules and subject to change without notice. Additional fees for this service may also apply.

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at 847-304-5940 or email service@communityadvantage.com.

Reorder Business Checks

Business Checks and Deposit Slips can be conveniently and safely reordered via the Internet with Deluxe. All you need is the reorder form from your previous order of documents.

The reorder form contains your customer number, which is located near the address information. The customer number begins with either A# or #A. When using the customer number online, you will omit the A# or #A.

 If you have never ordered Business Checks or Deposit Slips from us or have misplaced your order form, please contact one of our Deposit Service Bankers.

 To begin the reorder process, click here. You will be leaving our web site. Once your order is complete, you will be given the opportunity to return to our web site.

 

 If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com