First Fed's Positive Pay service is designed to provide business clients with a strong, reliable method of identifying check fraud.  The Positive Pay process reconciles check issuance information provided by our business client to the presented items.  When the records differ, exceptions are presented online at which time the checks can either be approved or rejected for payment.  Positive Pay is of benefit to business owners who:

• Issue a large volume of checks on a daily basis
• Want additional internal controls in place to segregate the check writing and reconcilement processes
• Want to limit the occurrence or reoccurrence of check fraud in their workplace

Positive Pay is effective for both manually-written checks or those issued with check-writing software.  With Positive Pay, you'll benefit from:

• Enhanced ability to identify and return fraudulent items online directly from your PC
• Flexibility for submitting issue data with an import feature that supports various file formats
• Ease of use via creation of templates for importing check issuance files
• Improved internal controls and compliance with regulatory requirements
• Monetary savings associated with manually checking for attempted fraudulent check activity

To utilize this service, you must also utilize the Bank's online service, FFBExpress.