Cash Management
Make Time
for Your
Business
Is banking consuming more of your time than it should? River Valley Bank’s Cash Management services and Internet Banking can help you save valuable time and provide you immediate access to your business’ most current account information.
- Payroll Services
- Cash Concentration Services
- Debit Services
- Business Internet Banking Services
- Business Internet Bill Pay Services
- Business Account Analysis Services
- Zero Balance Account Services
- Investment Sweep Services
- Merchant Services
- Bank at Work
- Municipal Services
Payroll Services
Generate direct deposit of payroll into your employee’s accounts – a preferred method by many employees.
Benefits to your business:
- Reduce the paperwork and administration of issuing paychecks
- Check preparation, processing, and handling are eliminated
- With no outstanding payroll checks, bank statement reconciliation is simplified
- Convenience to your employees
Benefits to your employees:
- Speed and security of having employee’s pay electronically deposited directly into their account
- No checks to cash or take to the bank
- No waiting for checks to clear
- No problem if an employee isn’t at work on payday
Cash Concentration Services
Transfer funds from several financial institutions into one general account
- Maximize your cash flow
- Maximize your earning potential
- Minimize your paperwork
Debit Services
Generate ACH payment and collection options
- Direct credits as a disbursement technique for regularly recurring disbursements such as pensions and expense reimbursements
- Initiate ACH debits to collect receivables more quickly
Business Internet Banking Services
Access your business account information through the internet
- Convenient access to account balances, daily transactions, and same day transactions on all your River Valley Bank accounts
- Easy, efficient way to manage your accounts
- Easy point and click functions and pull down menus are straightforward to learn and ensure timesaving results
- Transfer funds between any of your River Valley Bank deposit accounts
- View images of checks that have been paid from your account
Business Internet Bill Pay Services
Set up and manage a payee list
- Schedule bill payments throughout the United States
- Eliminate check writing costs and time
- Review payment history
- Set up re-occurring payments
Business Account Analysis Services
Set up monthly detailed analysis of all deposit accounts
- Enables you to consolidate all banking charges into one analysis
- Earnings credit is given to reduce monthly banking charges
- Minimizes your banking fees
Zero Balance Account Services
Set up a $0 balance checking account that sweeps funds to cover current checks that have cleared and sweeps out excess funds for investment purposes
- Eliminates the time your business spends transferring funds between accounts to cover checks such as payroll
- Maximizes your earning potential on excess funds
Investment Sweep Services
Maximize your excess cash by utilizing our investment sweep services. River Valley Bank’s Investment Sweep Services provides an automated system for moving excess funds into short-term investments.
- Excess cash can be turned into a productive part of your cash management strategy
- Excess funds are transferred to an interest bearing investment that maximizes your earning potential
- Daily fluctuations of your cash balances are monitored by River Valley Bank and the amount available for investing is automatically calculated
- Automating the investing process saves you and/or your staff the time and expense of calculating available balances and selecting an appropriate investment amount
Merchant Services
Accept MasterCard and Visa as payment for goods and services – the preferred payment method by many purchasers today
- In addition to MasterCard and Visa, our terminals can authorize other major credit cards including American Express and Discover
- Whether your business takes place in a traditional storefront, on the road, or on the Web, there is an efficient method of card processing for you
Bank at Work
Special banking services provided to your employees who have direct deposit at River Valley Bank
Benefits to your business:
- Encourages direct deposit of your employees’ payroll
- Allows your company to help your employees with their banking needs
Benefits to your employees:
- Free interest checking with no minimum balance
- Free direct deposit of payroll check
- Free first order of River Valley Bank checks
- Free Visa CheckCard
- Unlimited check writing
- Bounce Protection Overdraft Privilege
- Free online banking and bill payment
- Discounted loan rates and loan fees
Municipal Services
Maximize your earnings while improving your efficiencies
- Accounts set up that meets your municipal needs
- Online access to real time information
- Competitive pricing
- Interest bearing accounts that pay market prices based on the Wisconsin State Pool Rate
