BANKING BY INDUSTRY

Business Banking for Funeral Homes at Partners Bank

Funeral home directors and advisors guide families through some of the most difficult moments of their lives. The financial and administrative side of that work should be as seamless as possible, so your attention stays where it matters. Partners Bank offers banking services designed around the specific needs of funeral home businesses in New Hampshire and Maine.

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Get Started with Funeral Home Banking at Partners

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SERVICES

Services for Funeral Home Businesses

Partners Bank brings together the tools funeral home directors and advisors rely on to keep operations running smoothly.

Mortuary Trust Accounts (MTA)

Mortuary Trust Accounts (MTA) for client funeral pre-planning

Open MTAs Onsite

Clients can open MTAs at your funeral home, no bank visit required

Remote Deposit Capture

Remote Deposit Capture for electronic check deposits from your office

ACH Origination

ACH Origination for payroll direct deposit and vendor payments

Scheduled Payments

Scheduled payments so deadlines aren't missed

Wire Transfer Initiation

Wire transfer initiation

MORTUARY TRUST ACCOUNTS

Mortuary Trust Accounts

Pre-planning is one of the most meaningful things a client can do for their family. Mortuary Trust Accounts allow your clients to set aside funds in an interest-bearing trust account while designating your funeral home, a cemetery, or another provider as the primary beneficiary. When the time comes, those funds are disbursed directly to the designated service provider.

To make the process easier for your clients, accounts can be opened at your funeral home, with no need to visit a bank.

Have questions? Our Business Banking team is here to help.

QUESTIONS

Frequently Asked Questions

A Mortuary Trust Account is an interest-bearing trust account that allows individuals to set aside funds for funeral expenses in advance. The account designates a funeral home, cemetery, or other service provider as the primary beneficiary, and funds are disbursed upon death.

No. Clients can open a Mortuary Trust Account at your funeral home, making the process more convenient for them during a difficult time.

Yes. Through ACH Origination, you can set up payroll direct deposit for employees and schedule vendor payments in advance.

Remote Deposit Capture lets you scan checks received from clients and deposit them electronically from your office using a desktop scanner connected to your PC. It reduces deposit errors and eliminates unnecessary trips to the bank.