Quicken - Direct Connect:
Direct Connect is the portal through which you can automate the process for updating your QuickBooks®or Quicken®accounting software. Exported account information from Marblehead Bank will immediately appear in your QuickBooks®or Quicken®software.
Reconciliation of your accounts has never been easier. With the click of a button, you can update your QuickBooks®or Quicken®account register with your Marblehead Bank checking, savings and money market account activity or transfer money between those accounts.
Direct Connect is not available for QuickBooks Online®versions
- Quick and easy setup: Contact one of our knowledgeable bankers to get enrolled.
- Access multiple accounts: Set up the service to include access to your Marblehead Bank business and personal checking, savings and money market accounts directly through QuickBooks®or Quicken®.
- Direct export: Export account balances and transactions directly into QuickBooks®or Quicken®.
- Real-time transfers: Perform real-time book transfers in QuickBooks®or Quicken®
- Transfer funds: Easily transfer funds between your Marblehead Bank accounts from within QuickBooks®or Quicken®
- No manual data entry: Download all of your transactions directly into QuickBooks®or Quicken®—instead of typing them in by hand
- No duplicate entries: Avoid duplicate entries in QuickBooks®or Quicken®.
- No duplicate transactions: Direct Connect incorporates a special transaction-matching algorithm that prevents the download of duplicate transactions.
- Automatically reconcile data: Direct Connect data includes complete transaction and balance information to make categorization and account reconciliation easy.
- Pay your bills: Schedule one-time or repeating payments.
- Safe and Secure: All data is transmitted by Marblehead Bank over a private network, which uses state-of-the-art encryption technologies. You accounts are protected with a Personal Identification Number (PIN) known only to you.
Getting Started
To sign up or for more information, please call 781-631-5500 and ask to speak to a Customer Care Specialist, Monday through Friday, 8:30 AM to 4:30 PM.
Frequently Asked Questions
What are the differences between Direct Connect and Marblehead Bank Online Banking?
In general, Direct Connect uses Quicken®or QuickBooks® to access your account information directly and download banking information into your software's check register as well as pay bills online. Marblehead Bank Online Banking uses a web browser to create a secure connection between your computer and the Marblehead Bank Online Banking site. Online Banking gives you access to your banking balances and transactions, as well as the ability to pay bills, make transfers and apply for loans online, etc.
What versions of Direct Connect software can I use with Marblehead Bank?
PC
- Quicken®2017 and more recent versions
- QuickBooks®- Most recently supported version (for supported versions see Intuit)
Mac
- Quicken®2017 and more recent versions
- QuickBooks®- Most recently supported version (for supported versions see Intuit)
What is the Marblehead Bank routing number and Customer ID that my software requires?
The routing number is 211372996.
Your Customer ID was provided to you at the time of enrollment. If you have forgotten or misplaced this info, please call our Customer Care Department at781-631-5500, Mon. to Fri. from 8:30 a.m. to 4:30 p.m.
When is the information in Direct Connect updated?
The information in Direct Connect is updated every morning with activity from the previous day. Transactions can be downloaded Tuesday–Saturday. Direct Connect will only download items posted to accounts and won't show any pending items.
What is the difference between Web Connect and Direct Connect?
Web Connectallows users to login to Marblehead Bank Online Banking and select the Download option to export data from Online Banking to your QuickBooks® or Quicken® Software. You'll be able to select a time range to download activity. You can download up to 3 months of activity. This option doesn’t allow you to pay bills via PFM.
WithDirect Connect, QuickBooks® or Quicken® automatically imports transactions from Online Banking. You can pay bills and make transfers through your software instead of using Marblehead Bank’s Online Banking Bill Pay and Transfers.
How do I add additional accounts to my Direct Connect?
The first step is to create a new account within your software by entering the correct account number. All checking and money market accounts use 8-digit account numbers, and all savings accounts use 7 digits. After completing the required fields, contact a Customer Care Specialist at781-631-5500to request the linkage of the additional account.
How much does it cost to use Direct Connect?
Consumer No Charge
Business No Charge
Software for Direct Connect is not provided by Marblehead Bank, and must be purchased prior to using this service.
How do I find out my Direct Connect PIN if I've forgotten it?
Contact a Customer Care Specialist at781-631-5500, Mon. to Fri. from 8:30 a.m. to 4:30 p.m. We can reset your PIN over the phone.
If I need assistance troubleshooting my Direct Connect software, whom do I contact?
If you experience difficulty related to your Marblehead Bank accounts, call the Customer Care Department at781-631-5500. For all other technical support you'll need to contact QuickBooks® or Quicken® Support directly.
