Treasury Management

Treasury Management is a suite of Greenwoods State Bank products and services, selected and customized for your business. Cash is your business’s lifeblood. Good cash management practices can influence your company’s growth and survival. The professionals at Greenwoods State Bank can help you to focus on what matters most – your business.

Greenwoods State Bank Treasury Management Services can give you extended control over your cash flow, finances and business banking operations. Save valuable time and resources by implementing automated solutions, fraud prevention tools and mobile business banking for banking in the palm of your hand.

Your business is unique and we welcome the opportunity to meet with you to better understand your specific needs and goals. Our products are described in greater detail below:

ACH Origination

Automated Clearing House (ACH) lets you be even more efficient in your day to day business transactions, through direct deposit of payroll, ability to move money between banks, as well as perform both collection and payment options through our Business Online Banking.  Dual control measures within Business Online Banking can be added as an extra layer of security.

ACH Origination PDF Download

Wire Transfers

Wires can be completed through Business Online Banking for both International and Domestic wires. Online capabilities allow you to initiate one time wires or develop templates for recurring wires. Dual control measures within Business Online Banking can be added as an extra layer of security.

Wire Manager PDF Download

Line and Zero Balance Sweeps

Automated sweeps permit you to maximize your interest income and minimize your interest expense. Establish a target balance in your business checking account and sweep excess dollars to and from your line of credit as needed to meet the established target balance.  Multiple zero balance accounts can be established with an automated sweep option as well.

Remote Deposit Capture

Our Remote Deposit Capture service allows personnel within your company to process checks for deposit at multiple locations with a small, low-cost capture device and software that validates each transaction to ensure the integrity of the check information.

Checks are captured and balanced at your place of business, and electronically transmitted to the bank in a safe and secure environment. Trips to the bank will become a thing of the past and spending more time on what matters will become a thing of the future. Contact us for an on-site demonstration of our Remote Deposit Capture product today.

Positive Pay and ACH Block and Filter

Keeping on top of your account activity is the best way to protect your business. Let Positive Pay and ACH Block/Filter do the work for you by providing notification via email on items that don’t meet your pre-established disbursement file or authorized ACH activity.

Positive Pay PDF Download

Mobiliti Business

Intuitive and user-friendly, Mobiliti Business is a hub for your business’ financial activity, covering more than just basic business banking on the go. It handles remote deposit capture, bill pay, multiuser entitlements, approvals for ACH, wire transfer, bill pay, and internal transfers, all in the palm of your hand.

Mobiliti Business PDF Download

CheckFree Small Business

CheckFree Small Business has an all-in-one dashboard to track invoicing, e-bills, and tiered authority levels so business-owners can delegate financial duties, while still maintaining control of all accounts.

CheckFree Small Business PDF Download

 

Treasury Management Information PDF Download