Your business could go far. You, however, can stay with your great community bank for great treasury management.

FirstBank’s world-class treasury management gives you the best of both worlds. Offering robust treasury options that help you maximize your liquid assets using the latest technology and expertise. Plus the one-on-one help of our Relationship Managers who get to know you and your business. Whether you’re looking to speed up receivables, better control payables, manage funds more efficiently, or protect your hard-earned assets, FirstBank Treasury Management has the technology and expertise to master your cash flow. Your Treasury Management Consultant will work with you and your Business Relationship Manager to tailor cost effective solutions for your business. During this process, you have direct telephone access to the same consultant and specialist that helped get your cash management solutions onboard. Yet our fees are consistently 20 to 30 percent less than larger banks. We value our working partnerships like gold and give you the gold standard in cash management resources.

COLLECTING & DEPOSITING FUNDS

To operate a business, you need cash. There are many services available that help speed up access to cash, simplify reconciliation, and reduce the risk of fraud.

ACH Services
By collecting electronically, you can control the timing of your receivables and streamline reconciliation. ACH debit can be used to collect from customers, or concentrate cash from other accounts.

Remote Deposit Capture
You have better things to do than make constant trips to your bank. Our Remote Deposit Capture (RDC) service enables you to scan checks for deposit from your desk eliminating the need for deposit slips and the expense of toner to copy checks. Check deposit reports (including images) can be produced and stored electronically.

Lockbox Services
We will collect your mailed receivables from an assigned P.O. Box, deposit your checks, and provide online images of all checks and invoices. This provides additional controls while freeing up considerable administrative time.

Merchant Services
Credit and debit processing – accept credit and debit cards on the spot, over the phone or via the web.

Wires
When the availability of funds are crucial, you can receive incoming domestic or international wires into your account.  Incoming wire notifications can be established on FirstBank’s Commercial Online Banking system or by email.

DISBURSING FUNDS & PAYMENTS

Control how and when cash moves out of your company’s business banking accounts, manage your accounts and time your payments.

ACH Services
Reduce transaction costs and the risk of fraud with electronic payments. By paying electronically you also reduce the expense of postage, stationary, and toner. ACH eliminates the headache of stop payments, reissues, and the administrative time to research missing checks.

Reconciliation is also easier since you control the disbursement of funds. Without your account number exposed, direct deposit, vendor payments, and taxes originated electronically pose a smaller risk of fraud.

Commercial Card
The ability to earn cash rebates, increase controls, and extend payables are just a few reasons why the Commercial Card is a great tool in managing your cash flow.

Wires
Originate one-time or recurring domestic or international wire transfers via FirstBank’s Commercial Online Banking. Keep better internal controls with the ability to designate approval chains.

MANAGING FUNDS

Manage your cash balances to maximize earning potential and minimize costs.

Zero Balance Accounts (ZBA)
FirstBank’s zero balance accounts let you automatically monitor and manage your accounts daily without manual intervention.

Sweep Services
FirstBank’s automated sweep services give you use of your end-of-day balances to earn interest or pay down a line of credit.

MANAGING RISK

Identify, assess and prioritize risk. We value our role as your financial partner as you review all of today’s treasury risk decisions that you face.

ACH Block / Filter Services
Protect deposit accounts against unauthorized ACH debit and/or credit transactions.

Controlled Disbursement Account
Eliminates the guesswork in gauging daily presentments while simplifying balance management, investment and borrowing decisions. Our Controlled Disbursement Account provides same-day early notification of checks clearing on the current day.

Check Imaging
Easy, fast access to paid check images via CD-ROM at month-end or between statement cycles.

ACH Positive Pay
Helps combat fraud associated with electronic payments (ACH). Your business sets up a list of approved vendors that are paid automatically, along with expiration dates and filters that cap the amount of money that can be paid to any one vendor. Any electronic transaction that occurs outside of these boundaries generates an alert so you can decide whether it is legitimate and then approve or deny the transaction. If you have ACH Positive Pay set up, and if any of the items come through for payment that don’t match the notification criteria you have established, you will be provided with the item as an exception in online banking to approve or reject. If you choose to enroll in ACH Positive Pay, you will not need to close your account in the case of fraud.

Check Positive Pay
A service that helps detect check fraud by electronically matching the account number, check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued by the company. This comprehensive service can significantly reduce your exposure to check forgery and fraud. If you choose to enroll in Check Positive Pay, you will not need to close your account in the case of fraud.

To find out more about FirstBank’s Treasury Management services, contact your Relationship Manager or your local FirstBank branch.

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