What We Do
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GreekBank’s pricing is about as straightforward as it gets. Saving money is key.
$2.50 per month with an average of 2.99% transaction fee. There are no additional charges for add-on services, as GreekBank is a fully comprehensive service. By saving money, this will give your chapter the much needed financial flexibility needed year-in and year-out.
With an average collection rate of 98% of all outstanding dues collected, we are the top in the industry. It is known that every chapter unfortunately has delinquent members, and our team will work to get the funds owed to your chapter. In the case where we fail to collect, with the authorization from your chapter President and/or treasurer, we will move forward with a collection agency, free of charge.
With our innovative platform treasurers have the ability to create late fees for members that are late making payments. From deciding how much late fees should be and when they go into effect, these features are available within the Treasurer Center.
One of the most essential features of our platform is creating payment plans. We understand that members need options of which payment plan works best for them financially for a given term. Within the Treasurer Center these options are accessible and easy to use.
GreekBank prides itself on having the easiest sign-up time in the sector. Register your entire chapter in minutes. It is as simple as uploading a chapter roster with names and emails. From there, our system will have your chapter up and running instantly.
Our most important priority is protecting your organization’s funds and information. GreekBank goes the extra mile with security. We partnered with Trusted Site to ensure that everything is secured and encrypted. In addition to our well-renowned hosting service, we can guarantee that your chapter is protected.
GreekBank always offers a complimentary demo account to first time clients. It is important to make sure that our service and the payment platform fits your chapters needs. Additionally, we will include a demonstration video that will walk treasurers through the functionality of our service. Feel free to email firstname.lastname@example.org.
Members will primarily pay online, but they also still pay in cash/check from time to time. Our platform not only records payments made online, but cash/check payments can also be recorded to keep member balances up to date. This is essential and not many other platforms in the industry process payments of cash properly.
Members come and go. From your graduating members to new pledges that may unfortunately not make the cut in a given term, we understand how fluid a roster may be. The platform our team created allows treasurers to make changes effortlessly. Add, swap and drop members with a push of a button.