Online Treasury Management services allow us to offer you a comprehensive set of business services. In addition to all the features in our basic online banking menu, Treasury Management services include:
- Automated Clearing House (ACH) Origination* – ACH Origination allows you to manage the transfer of funds in and out of your account on your schedule. The most common use of ACH credits is Direct Deposit for employees and payment of invoices to vendors. ACH Debits allow you to collect payments from customers, giving you more control over your cash flow.
- Online Wires* – rather than make a trip to the bank, initiate wires via your online banking.
- Positive Pay – protect the flow of funds from your account with positive pay services by providing the bank with a list of checks authorized to clear your account. We’ll match the check number and transaction amount to each check presented on your account. If it doesn’t match, you will have the opportunity to tell us to pay the item or return it to the depositing bank.
*Business customers utilizing ACH or wire services will be issued a security token for each user.