Cash Management
Greater control over your cash flow and streamlining your financial operation is essential to a successful business. Federal Reserve Bank is committed to providing innovative solutions that assist you in managing your company's accounts--anytime, anywhere. Federal Reserve Bank provides cash management services needed to maximize opportunities while minimizing risk. It seems business today runs at light speed. To keep up you need the tools and equipment to make the job as quick and efficient as possible so you can compete.
That's why we offer Remote Check Deposit Capture when you open a business account at Federal Reserve Bank You no longer have to go to your local branch, which saves you both time and money. Using Remote Deposit Capture (RDC) eliminates the need to secure checks prior to and during regular banking hours. RDC scanners allow you to make deposits 24 hours a day, seven days a week.
Another way we can assist with improving your accounts collections is Lockbox Services and ACH Origination.
We can also support your needs with Escrow Funds. Our Escrow Account System makes it easy to save you time and money with less paperwork. Replace all those statements with a simplified monthly report.
Our Business Development Professionals are trained to find the best mix of products and services for your business. Experience a higher level of enhancing your needs while saving you time and money.
- Free Online Banking
- Free Mobile Banking
- Remote Deposit Capture*
- Free ACH Origination
- ATM/Debit Card
- Business Checking
- Escrow Funds Management
- Lockbox Services
- Business Savings
- Credit Card Processing Services
- Business Money Market
*Subject to approval.