FirstNet/Wesbanco is the bank we use to process premium. Wesbanco is a federally audited bank, while FirstNet is Wesbanco’s premium processing department. FirstNet is the company that deducts premium, holds premium in a Savings account in your name, and remits premium to the insurance carrier.
The reason why we use FirstNet/Wesbanco is because we want premium to be handled with the highest transparency, security, and organization. The best entity to handle your premium is a federally audited bank who processes premium in a Savings account in your name.