Find new efficiencies by sending and receiving electronic payments
Reduce your staff workload. Trim postage and check-handling costs. Increase your percentage of on-time receivables. Send money quickly and inexpensively. With the focus on electronic transactions, our Blue Button Banking Treasury Management Services streamlines your operations and benefits your bottom line.
- Free demonstration before your business commits to our service
- Farmers State Bank will guide your team through the set-up process in person at your business location, every step of the way
- Improve your cash flow by not having outgoing funds tied up for days in the postal mail
- Reduce postage and other clerical costs by making electronic payments
- Increase on-time receivables as customers and clients take advantage of the ease of scheduling automatic electronic payments
ACH Origination
- ACH payments may also be used for Direct Deposit of your employee payroll
- Receive electronic payments from customers and business partners that are routed straight to your operating account
- With check-processing duties reduced, your office team is freed up for other mission-critical work
- ACH payments can be made to or from vendors, suppliers, landlords, trade associations and others
Outgoing Wires
- Input information and send a wire conveniently from your computer
- Save money, as online treasury management wires cost $5 each, compared to $30 each for wires sent through a branch location
Positive Pay for Checks
- Check fraud protection service
- Manage check fraud risk by identifying unauthorized transactions including altered checks and counterfeits before final payment
User Management
- Administrator can set individual user authorization based on job function
- Examples; account view, transfers, ACH, wires and positive pay authorities
- Dual control authorities available
Fees
- One-time set-up fee: $25
- ACH batch: $5
- Wire: $5
- Re-creation of returned items: $5
- Additional fees may incur
Sweep Accounts
- In addition to these Treasury Management services, ask your Blue Button Banker for more information about our sweep options.
eStatements
Simplify your banking with eStatements.
Access your bank statements online – with eStatements. Review balances, payments, deposits and other transactions from your computer any time of day with no waiting for the mail.