Disbursement Solutions
- Business Checking. We offer competitively priced business
checking accounts to meet your needs, whether you are a sole proprietor
or own a large corporation.
- ACH Disbursements. Save time and money by using electronic
payments to make B2B payments, direct deposit of payroll, federal and state tax
payments, and more.
- Zero Balance Account (ZBA). This service allows
sub-accounts, e.g., payroll, escrow, etc., to be funded each business day by the
master service to cover and disbursements. We automatically transfer only the
amount needed, then the account returns to a zero balance at the end of the day.
This service reduces your need to continually transfer funds or make deposits to
cover payments from a particular account.
- Direct Deposit. There's no need to issue individualized
checks to employees on payday. If you use our direct deposit service, you'll
eliminate the hassle of lost or stolen checks, and employees get paid even if
your bookkeeper is out of the office!
- Online Business Bill Payment. Cutting-edge features and
innovative functionality automate the accounts payable process. Receive bills
electronically, check the status of pending bills, attach relevant invoice
information and schedule recurring payments-all from one online location
and in just a few minutes.
- Web-Based Wire Origination. Manage and control outgoing and
incoming wires, without making a trip to the bank.
- Positive Pay. Improve your check disbursement methods, save
time, and reduce your exposure to fraud with our Positive Pay service. It allows
you to identify unauthorized transactions, including counterfeit or altered
checks, before final payment. Using your personal computer, you can review
online images of all exceptions before deciding which items to pay.
- Automated Clearing House (ACH) Blocking. This service
provides you with the option to block ACH debits on your commercialized checking
and savings accounts. ACH Blocking is used to designate whether or not an ACH
transaction is authorized to post to a client's account at the bank.
- Visa One Business Card. A "full-featured" business card primarily used for employee travel and entertainment expenses, this card offers a generous revolving line of credit and benefits that help your business manage a variety of business expense and payment solutions.
If you have any questions regarding our Cash Management products and services, please contact Mary Cassell at (231) 932-6636 or Tracey Zywicki at (231) 932-6686 or toll-free 1-800-968-4754.