Direct Deposit is simple:

• It simplifies your account reconciliation process. Your statement will have a single dollar amount for the total amount of the Direct Deposit transactions versus individual check amounts to reconcile.
• It eliminates manual check preparation, which can reduce administration costs.
• There are fewer checks to print and store.

Direct Deposit is safe:

• Direct Deposit payments never get lost or stolen.
• Fraud is reduced because there is less potential for counterfeit checks, stolen checks or signature plates, altered amounts and forged signatures.
• No signatures are required, so there is no need for facsimile signature security.

Direct Deposit is smart:

• Save anywhere from $0.50 cents to $1.25 per payment by using Direct Deposit instead of checks.
• The potential for errors is reduced because Direct Deposit requires less manual handling than checks.
• The chance of having a problem with checks is much greater than any potential problem you might have with Direct Deposit.
• Productivity can be increased due to employees spending less time away from work to cash or deposit payroll checks.

Direct Payment is safe:

• It reduces returned payments and posting errors due to the speed of processing payments and the increased accuracy of customer information.
• Payment collection is timely and automated; your organization always knows when it will be receiving payments.

Direct Payment is smart:

• It saves an average of 11.5 cents per payment versus checks due to reduced processing costs.
• It can enhance your customer experience and increase loyalty, providing a payment option that is reliable, accurate, convenient, and confidential.
• The timing of your receipts will be more predictable and reliable, allowing for more accurate cash flow forecasting and informed investment decisions.

Benefits of Controlled Disbursement:

• Remote presentment points provide additional disbursement float.
• Investment and borrowing opportunities are maximized.
• Better control of outgoing cash flow.
• You can borrow or invest early in the day, thus making the most of funds.
• You can more precisely identify your daily cash position and fund the majority of disbursements on a same-day basis.

Benefits of Remote Deposit:

• Most checks clear on the next or second business day following deposit. Faster clearing means less float and higher earnings credit.
• Deposits can be made 24 hours a day, 7 days a week; you receive same-day credit for deposits made before 5pm (PT) on regular banking days.
• The time and cost of trips to the bank to deposit checks is eliminated.
• Time-intensive efforts to concentrate deposits into a single account are eliminated.
• Geographical barriers are removed, allowing you to consolidate banking relationships.
• Fraud risk is reduced with faster deposits, clearing and return check notifications.
• Scanned documents produce quick deposit validation and balancing.
• Your deposit reconciliation process is streamlined and redundant operations are consolidated.
• Check images may be retrieved, reports being generated of historical deposit activity, and data exported to other applications.
• Centralization of deposits may result in larger balances to offset fees.
• Your employees will have more time to take care of customers.
• You don't need to fill out a deposit ticket; the service creates a virtual deposit ticket.
• No need to endorse the checks; the service creates a restricted endorsement automatically.

Benefits of Lockbox Services:

• Reduced receivables float – the time that payments are in the mail, being processed and delivered to the bank for deposit
• Reduced staff processing time – deposit preparation, bank trips, and receivables data key entry
• Increased audit controls – separates receivables/payables processes and automates data entry for error reduction

Benefits of Wire Transfer Services:

• Wire transfer provides same-day availability of funds.
• Repetitive templates reduce the time it takes to originate wires.
• Recipients are guaranteed that funds are available — facilitating immediate shipment of goods.

Benefits of ZBA Accounts:

• Excess idle funds are minimized; funds usage is maximized via cash concentration.
• Reduce overdraft risk with automatic funding from the master account to cover daily disbursements.
• Improve ability to manage separate bank accounts for each company location or for various accounting purposes.
• Reduce workload by minimizing or eliminating time required to forecast and manually fund accounts.

• Door-to-door service – no need to travel to the bank
• Same day posting

• Safety and integrity of deposit processing and cash handling is ensured because procedures and operations are stringently monitored.
• Risk of theft or loss of deposits are reduced through increased security measures.
• Equipment employs a counterfeit detection mechanism and employees are trained to detect and handle counterfeit items.
• Reduce staff expense and time to deliver deposits to the bank.
• Orders for coin and currency are filled quickly and conveniently.
• Deposits by location are tracked and verified.
• Cash inventories on premises are eliminated.
• Organizations with multiple locations are able to consolidate deposits into one account with deposits identified by location.