Condo Association

 

LandMark Has The Right Solutions For Your Condominium Or Homeowners Association

Managing association finances is a daunting task. Paying bills, budgeting maintenance, financing improvements, collecting and recording maintenance fees and dues.

An able financial institution can make this job easier, particularly one with an understanding of your business, and the problem solving ability to assist you. LandMark Bank has just the solutions you seek.

LandMark Payment Manager

At the center of association management is generating and managing your income. LandMark Bank has developed a product called Payment Manager specifically designed to streamline this process.

Here is How It Works:

When you open a Payment Manager account at LandMark Bank we put the process in motion:

First, we set up a postal collection box in the name of the association where all payments are received. A bank representative collects the payments and deposits the funds in your account.

Second, we process the payments and you receive a statement summarizing your collections by unit owner or member. Depending on the number of collections, you may also receive weekly and even daily reports via fax or email.

You will realize the benefits of LandMark Payment Manager right away. Your collection time is significantly reduced, your deposits are working for you immediately, and your bookkeeping is prompt and precise.

Payment Manager Is At The Hub

LandMark Payment Manager is just the starting point for developing a hard-working financial partnership with LandMark Bank. We have a full roster of banking products to help you maximize the earning power of your collections and provide the financial resources to meet the needs of your association.

Cash Management

Many associations carry large balances and LandMark provides a number of cash management options to provide maximum earnings on these deposits. By paying careful attention to your cash needs, we can devise a strategy to put unused funds to work generating additional income.

Loans for Improvements and Maintenance

LandMark makes association loans for maintenance, improvements and planned or unforeseen expenses.

Internet & Telephone Banking

You can manage your association finances at your convenience. Check balances and make transfers using telephone banking, or manage all of your finances from your computer using Internet Banking. With our convenient BillPay feature, you can process your accounts payable on-line as well.

LandMark Courier Service

Our trademark yellow PT Cruisers pick up and deliver to qualified customers, providing even greater convenience.

LandMark Bank has the resources and specific products to make banking easy and convenient for your homeowners or condominium association. We are confident that you will find LandMark to be thorough, responsive, and innovative in our approach to assisting you. We look forward to hearing from you regarding the ways we can assist your association. For more information on LandMark Payment Manager, contact Linda Braithwaite or Joy Flavell at 941/954-5100