How can my business accept debit/credit cards for payment?

Golden Belt Bank can help your business offer more flexible payment options for your customers. We can provide you with everything you need for credit and debit card processing. For more information about credit card processing contact a Customer Service Representative at our Hays location at (785) 625-7345.

What is the difference between a wire transfer and an ACH?

A wire transfer is used for same day settlement. An ACH transaction must be scheduled up to 2 days in advance for a credit and 1 day in advance for a debit.

For funds availability purposes, when is Golden Belt Bank's cutoff time?

If you make a deposit before 2:00 pm on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 2:00 pm or on a day we are not open, we will consider that the deposit was made on the next business day we are open. This means that when you deposit a check before 2:00 pm, your funds will be available to you on the next business day. However, if you deposit a check after 2:00 pm, your funds will be available in two business days. Electronic direct deposits will be available on the day we receive the deposit.

What are credit or "signature-based" debit card transactions?

Credit or "signature-based" debit card transactions are any transaction in which you use your debit card to pay for something and you complete the transaction by signing the sales receipt instead of using your personal identification number (PIN).

How do I activate my debit card?

There are three ways you can activate your debit card.

  • Call us to activate the card. A Customer Service Representative will verify your identity then activate the card.
  • Call 1-888-227-3096.
  • Conduct a transaction using your PIN at either an ATM machine or a POS terminal.

What are my debit card limits?

Each card issued to a business cardholder may have different limits as specified by the company in the Visa® Business Debit Card Application. Contact us at (785) 625-7345 if you would like to learn what your debit card limit is. Please note that the daily card limit resets at approximately 2:00 pm CST each day.

What is an EMV smart chip debit or credit card?

An EMV smart chip debit or credit card contains a computer chip in the card and uses that technology to authenticate transactions. EMV stands for Europay, MasterCard and Visa® and is a global standard for chip cards.


What is the difference between a fixed rate and an adjustable rate loan?

With a fixed rate loan the interest rate and monthly payment of principal and interest remains fixed for the duration of the loan. With an adjustable rate loan, the interest rate stays fixed for an initial time period, which generally ranges from 1 to 7 years, and then changes periodically, usually on an annual basis.

What types of agricultural loans does Golden Belt Bank offer?

Golden Belt Bank has been a proud supporter of the agricultural community in western Kansas for over 90 years. We have loan products that are specifically designed to meet the needs of farmers and ranchers. We have everything from loans for farmland, livestock and equipment to lines of credit. Contact one of our loan officers to learn more about how we can help your farm or ranch prosper.

What do I need to qualify for an agricultural loan?

Whether you have an established farming or ranching operation or are just beginning, there are several things you will need to consider. Your financial position, your ability to repay, your collateral and your credit standing all impact your loan qualification. The best way to find out if you qualify for an agricultural loan is to sit down and talk with a loan officer. Call or stop by one of our locations, our loan officers would love to talk to you about your future in agriculture.

How are interest rates determined for agriculture loans?

Interest rates vary depending on several factors including loan term and how the borrower intends to use the funds. Individual rates are determined based on collateral, repayment ability and financial position.

What lines of credit do you offer for agriculture lending? How do they work?

We have both farm operating and livestock lines of credit. When you are approved for a line of credit, money will be advanced as you request it.

What is a Small Business Administration (SBA) loan?

SBA is a federal agency that helps established businesses grow and helps new businesses get started. Golden Belt Bank is proud to be an SBA partner. To find out more information about SBA loans, contact us.

Is Small Business Administration (SBA) financing right for me?

A SBA loan may be the right financing for you if your business is growing quickly and you cannot qualify for conventional financing at reasonable terms.

I want to start my own business. What do I need to do to get a commercial loan?

At Golden Belt Bank, we are proud to support businesses of all shapes and sizes. We know that no two businesses are alilke and have commercial loan products that can be tailored to fit the unique needs of your business. Contact one of our loan officers today to learn more about what we can do for your business.