Business---Landing-Page-Ad---Business-Related-Services

At Home Savings, you have a full set of tools and services available to protect your business, provide retirement savings options for your employees, and even banking service discounts. Let’s discuss the options that best fit the needs of your company.

To open an account, stop by your nearest Home Savings Branch.

Questions? Contact us today!
Employee Benefits Plans

Employee Benefits Plans

SEP IRA (Simplified Employee Pension)

  • Employer contributions are tax-deductible
  • Plan contribution level can vary from one year to the next
  • IRA belongs to individual employee
  • Employer funded
  • No employer responsibility for plan administration once the plan is established
  • No administration costs or IRS reporting for you as the employer

SIMPLE IRA (Savings Incentive Match Plan)

  • Both employer and employees make contributions
  • Contributions are tax-deductible*
  • The IRA belongs to individual employee
  • Designed for small business owners
  • An economical way to provide a retirement benefit for your employees
  • Low administrative costs
  • No IRS reporting requirements for you as the employer after account is established
* Consult a tax advisor

Health Savings Account

  • $50 to open
  • Designed to help employees save for medical expenses
  • Supplements employer-paid high-deductible health plan (HDHP)
  • Special debit card to use for these expenses

Retirement Plan Services

  • Click here to learn more about Retirement Plan Services
Workplace Banking

Workplace Banking

Bank@Work Checking Exclusive checking with great benefits for employees of participating companies Open Now
Fraud Prevention Solutions

Fraud Prevention Solutions

Check Positive Pay

This service allows businesses to control check disbursements that do not match items issued.

  • This service allows businesses to control check disbursements that do not match items issued.
  • Email alerts sent each morning to review exception items
  • Check issues can be uploaded via CSV file or manually entered
  • Users can reject or pay items that are presented for payment and are not a match for issued items
  • Check images provided for presented items for better inspection and decisions
  • Edit capabilities for issued items within check register

ACH Debit Block

This service when placed on an account blocks all ACH debits presented for payment. For businesses that provide account information to receive electronic payments (ACH) to multiple customers, suppliers, or vendors.

  • Isolate accounts to only receive ACH deposits and
  • Automatically returns ACH debits to the originator
Merchant Services

Merchant Services

Home Savings’ complete credit and debit card processing solutions are perfect for businesses of all types and sizes. We offer everything you need to process cards, including the equipment and all the support services you expect.

Credit Card Processing Service (Finet)

For businesses that accept debit and credit cards as a form of payment for point of sale and online purchases.

  • We offer everything to process cards, including the equipment and all the support services
  • Secure 24/7 online transaction reporting and customer service
  • Online and mobile device options
Merchant Services Demo
Payroll Processing Services

Payroll Processing Services

If you need to outsource your payroll processing, insist on the service and cost effectiveness of Home Savings payroll processing services. We're able to provide the capabilities and service levels you'd expect from a bigger bank to make sure your employees get paid on time and accurately, every time.

  • Fully customizable payroll service...you help define the payroll application to suit your needs.
  • Backed by a team of payroll specialists who provide locally-based service whenever you need it.
  • Web-based payroll solution gives you total access anytime.
Treasury Management

Treasury Management

LandingPage_SMALL_BankEasy

Treasury Management Login     Treasury Management Demo

Business Online Banking

Our Business Online Banking is available to businesses with a checking account relationship and allows for managing accounts online via desktop and/or mobile device. Businesses have the ability to create custom view of accounts, transfer funds and stop payments, originate ACH and Wires, reconcile transactions, and added fraud prevention solutions are all available with multi-user controls and entitlements.

  • Monitor real time banking transactions online
  • Single sign on to multiple entities
  • User entitlements and controls
  • Transaction notifications and alerts
  • Direct deposit to employee accounts for payroll
  • Originate ACH payments and ACH collections
  • Originate wire transfers
  • Create custom reports and export transactions
  • Web Connect for Quicken and QuickBooks
  • Mobile device application
  • Trusteer Rapport to protect online banking activity
  • Multi-factor authentication for greater protection against fraud
  • Symantec VIP Access Security Token for ACH and Wire transaction approvals
Xpress Deposit – Remote Deposit Capture

Xpress Deposit – Remote Deposit Capture

Xpress Deposit

Xpress Deposit allows businesses to scan checks for deposit at their place of business.

  • No trips to bank for check deposits
  • No deposit holds (memo posts)
  • Image reports available 24 months for simpler research
  • Cut off is 5:00 p.m. ET for same day availability
Xpress Deposit Login
Wire Transfers

Wire Transfers

  • Domestic Outgoing
  • International Outgoing - To receive USD funds from any foreign country, follow the wire instructions below. International wires generally take up to 2 days, however they may take as long as 10 days to be received. The originating sender is required to provide their full address when sending the incoming wire.
  • Detailed reporting available with TM Services

Domestic Wires

  • Home Savings Bank, 275 West Federal St., Youngstown OH 44503
  • ABA#:  2412-7206-6

Please include the following information:
Beneficiary Name
Beneficiary Full Address (No P.O. Boxes)
Beneficiary Account Number

International Wires

Beneficiary Bank Name:
Corresponds to SWIFT field 57

Beneficiary Bank Address:
Corresponds to SWIFT field 57

*Beneficiary Bank SWIFT Code:
Corresponds to SWIFT field 57A

Beneficiary Name at Home Savings Bank:
(This should be exact name on the Home Savings Bank account) Corresponds to SWIFT field 59

Beneficiary’s Full Address:
(This should be exact address on the Home Savings Bank account) Corresponds to SWIFT field 59

Beneficiary Account Number at Home Savings Bank:
(This should be exact account number on the Home Savings Bank account) Corresponds to SWIFT field 59

Reference (optional):
(Special instructions, invoice number, reference, etc.)
Corresponds to SWIFT field 70

HOME SAVINGS BANK

W Federal St 275 YOUNGSTOWN, OH 44503 US

HOSVUS33

Home Savings Bank’s Customer Name

Home Savings Bank’s Customer Address

Home Savings Bank’s Account Number

Special Instructions

*The foreign bank has the right to use its own correspondent network prior to the receipt of funds at Home Savings Bank.
System Cut-off Times

System Cut-off Times

Transaction Type

Transmission Day

System Cut-off Time

Internal Transfers

Same Day as the Effective Entry Date
9:30 PM

Business Bill Payments

Same Day as the Effective Entry Date
10:00 PM approximately
(Some payees might have an earlier cutoff time. If scheduled by the payee’s cutoff time, the earliest Deliver By date is 1 business day for electronic payments or 3 business days for checks.)

Wire Transfers

Incoming Wires
Outgoing (Online Banking)Domestic/International Wires
Outgoing (in Branch) Domestic/International Wires
4:00 PM
4:30 PM
2:00 PM

Positive Pay for Checks

Upload Check Report (Issues List)
Decision Check Positive Pay Exceptions
5:00 PM
10:00 AM

Business ACH Origination

Effective Date of Next Business Day
3:30 PM

   Contact a Banker

Fill out this brief form, and a qualified Home Savings business banker will contact you within one business day to answer your questions.

(Fields with * are required.)

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