Earth Class Mail Partners With Bank Serv for Electronic Check Deposits

PO Box and mail forwarding service Earth Class Mail has announced a new partnership today with check processor Bank Serv. The new partnership will allow Earth Class Mail customers to have checks deposited electronically and automatically when checks arrive in their mailbox. Financial terms of the partnership were not disclosed.

The electronic check deposit program is available on the Professional account which is priced at $39.95/month. The check deposit service is an additional $35 a month and each processed check costs $2. The cost per processed check goes down the more checks you process per month. While I haven’t done the math, you would need a good number of checks (or a few very large checks) to make the service cost effective.

Earth Class Mail staff, including founder and Chairman Ron Wiener, were part of a video series called “Startup Junkies” which you can watch on Hulu. I think the series is well worth watching if you run a startup as they take you through some of the thoughts around VC funding, team building, development, leadership, office locations, expanding, purchasing capital machinery and marketing. Interestingly it seems most of the people in the video are no longer listed on the executive team page. Also keep in mind that the series was produced for television. I’ve embedded the first episode below.

In other Earth Class Mail news, the Portland Business Journal is reporting Sarah Carr has been named as the new CEO.