Cash Management Resources
Cash Management Tools
Make the most of your business online banking with these Cash Management tools. Applications can be picked up at any branch location and are subject to approval. Contracts of use must be renewed annually for these services.
For more information about how your company can benefit from one or more of these services please contact your local branch.
Introduction to the ACH Network
The Automated Clearing House (ACH) Network is a batch processing, store-and-forward system, governed by the National Automate Clearing House Association (NACHA) Operating Rules, which provide for the interbank clearing of electronic payments for participating depository financial institutions.
Transactions received by the financial institution during the day are stored and processed later in a batch mode. Rather than sending each payment separately, ACH transactions are accumulated and sorted by destination for transmission during a predetermined period. This method provides faster and significantly less expensive processing than paper checks. Instead of using paper to carry necessary information , ACH transactions are sent electronically between financial institutions through secure data transmission.
Examples of ACH transations include:
- Direct Deposit of payroll, Social Security and other government benefits, and tax refunds
- Direct payments of consumer bills such as mortgages, loans, utility bills, and insurance premiums
- Business-to-business payments
- e-Commerce payments
- Federal, state, and local payments
Help is available on every screen
Did you know there is a Help tool for every screen in your Online Banking and Cash Management service? In the upper right corner of your Online Banking you will see the links for Help, Logout, and Print. The Help link has information pertinent for each page of Online Banking, and will open a new window with instructional information.
2015 NACHA Operating Rules & Guidelines
The 2015 issue of the NACHA Operating Rules & Guidelines is currently available in three different formats; Print Edition, CD Version, and Online Access Only (code). You may request copies of the Corporate 2015 Rules by contacting the Internet Banking department at firstname.lastname@example.org or by sending a BankMail message through Online Banking.
Remote Deposit Capture is a service which allows companies to scan their own checks and transmit those check images over a secure internet connection to their bank for posting and clearing. Do you have a high volume of check transactions to your business by mail, or a remote office? Remote Deposit Capture saves valuable time and money for your company if you can scan and deposit your checks directly to your business account from your office without mailing your deposits or visiting your local branch.