Treasury Management

Optimize your daily cash position with our comprehensive cash management tools designed for businesses with multiple locations or accounts.

Account Structures:

• Zero Balance Accounts (ZBA): Automatically sweep funds to a master account, maintaining zero balances in subsidiary accounts
• Controlled Disbursement: Get early morning notification of total disbursements for precise funding
• Notional Pooling: Combine balances across accounts for interest optimization without physical movement of funds
• Target Balance Accounts: Automatically maintain target balances in operating accounts

Pricing:

• ZBA Setup: $150 one-time
• Monthly Maintenance: $25 per account
• Automated Sweeps: $0.25 per transfer

Streamline your payment processes with flexible options for payroll, vendor payments, and business-to-business transactions.

ACH Services:

• Origination and receipt of ACH credits and debits
• Same-day ACH available
• Automated payroll and vendor payments
• Customer direct debit collection
• Prenotification and verification services

Wire Transfers:

• Domestic wires: $15 outgoing / $5 incoming
• International wires: $35 outgoing / $10 incoming
• Repetitive wire templates available
• Batch wire processing
• SWIFT network access for international

Check Services:

• Positive pay with payee match
• Check imaging and archiving
• Stop payments: $25
• Check reconciliation reporting

Accelerate your cash collections and improve receivables processing with automated solutions.

Lockbox Services:

• Wholesale Lockbox: For business-to-business payments with invoice detail capture
• Retail Lockbox: High-volume consumer payment processing
• Same-day processing and deposit
• Electronic invoice and remittance data transmission
• Check imaging and archiving

Remote Deposit Capture (RDC):

• Scan checks from your office
• Deposit 24/7, funds credited next day
• Multi-location scanning options
• Integration with accounting software

Electronic Billing:

• Email invoices with payment links
• Customer portal for invoice viewing
• Automated payment reminders
• Credit card and ACH acceptance

Maximize returns on your idle cash while maintaining needed liquidity for operations.

Sweep Accounts:

• Automatic sweep to money market or investment accounts
• Target balance maintenance
• Next-day sweep reversal for funding needs

Investment Options:

• Money market accounts
• Certificate of deposit (CD) ladders
• Treasury bills
• Commercial paper
• Repurchase agreements

Multi-Currency Accounts:

• Hold balances in major currencies
• FX conversion at competitive rates
• International payment capabilities
• Hedge against currency fluctuation

Treasury management encompasses a set of services that help businesses manage their cash flow, payments, receivables, and financial risk. It includes cash concentration, payment processing, fraud prevention, liquidity management, and detailed reporting – all designed to optimize your working capital and streamline financial operations.

Treasury management services benefit businesses of all sizes. Small businesses can use ACH and remote deposit to save time. Mid-sized companies benefit from cash concentration and positive pay. Large enterprises need sophisticated liquidity management and API integration. We tailor solutions to your specific needs and complexity.

Positive pay is a fraud prevention tool where you provide the bank with a list of checks you've issued. When checks are presented for payment, we verify the check number, amount, and payee against your list. Mismatches are flagged for your review, preventing altered or counterfeit checks from clearing.

Yes! Our treasury management platform offers API integration with major ERP systems and accounting software including QuickBooks, Oracle NetSuite, SAP, Microsoft Dynamics, and more. You can automate reconciliation, import payment files, and export transaction data seamlessly.

Fees vary based on the services you select and your transaction volume. We offer bundled packages that can reduce costs compared to à la carte pricing. Contact a treasury management officer for a customized quote based on your business needs. Many services pay for themselves through time savings and fraud prevention.