HELPING YOU MANAGE YOUR COMPANY’S CASH FLOW.
ForestGreen Cooperate Bank understands that managing a company’s cash flow is one of the most important parts of running a business. That’s why our Cash Management Services professionals spend time getting to know your business and its cycles so we can offer solutions that are designed just with your company in mind.
We offer a range of cash management solutions designed to help you speed collections, control payments and manage funds more efficiently. Our goal is your goal – to help you maximize cash balances and reduce interest expense – saving you both time and money. Our Cash Management Services professionals will work with you to design a program that will help your business achieve its cash flow objectives.
ForestGreen Cooperate Bank Cash Management Services offers:
Online Cash Management / Business eBanking
ForestGreen Cooperate Bank Online Cash Management allows business customers to access their business account information from virtually any computer with an internet connection. With Business eBanking, you can monitor your daily cash position and confidently make borrowing and investing decisions. Customized security levels protect access to data.
Available Features:
- Real time dashboard and information reporting
- Book transfers
- Stop payment requests
- ACH Origination: Payments and collection
- BizPay: Business Bill Pay
- Wire transfer initiation
- Online statements
- Quicken & QuickBooks Integration
- Perform account reconciliation
- Admin Rights: Add/Remove users for your business
- Access tailored: Adjust what privileges employees are able to have within Business eBanking
Benefits:
- Convenient and quick access via the Internet
- Increased control of your cash
- Ability to create reports by exporting information into Accounting Software
RECEIVABLES
- Remote Deposit Capture:
- Conveniently prepare and electronically deposit checks 24/7. With Remote Deposit Capture you can save time and improve your cash flow efficiency.
- 365 days of searchable deposit history.
- Multiple detailed reports including deposit images
- Downloadable reports and receipts
- Single sign on access from Business eBanking
- “Deposit Only” access available for employees
- Limits designed to fit your business
- Lease or purchase options
- ACH Collections*
- Initiate ACH collections through Business eBanking and expedite your funds collection process.
- Easy to setup templates can be utilized for reoccurring collections
- Access to upload your NACHA formatted file
- Integrated security features
- Dual Control option provides a separation of duties to protect your business.
- Search and print ACH history by effective or origination dates
- Cash Vault Services
- Our Cash Vault Service allows you to save time and money by depositing your cash on site into a secure vault. No servicing or verification required. Your vault is picked up on a pre-determined schedule and maintained for you. Your deposit is guaranteed from the time the deposit is made.
- Merchant Payment Processing
- ForestGreen Cooperate Bank can help you establish a new merchant services program or provide a cost-effective alternative to your present merchant processing solution. We offer a customized, high-performance program that allows you to accept credit and debit cards from your customers in addition to offering them other e-commerce payment solutions.
- Features:
- Traditional merchant point-of-sale, industry-specific
- Monitor bank deposits and charge-backs online
- Online access to transaction data and activity reports
- Benefits:
- Helps you serve customers quickly and accurately
- Hands-on training available
- Competitive discount rates
*Subject to application and credit approval
PAYABLES
- ACH Payments, Including Payroll Direct Deposit*
- ACH Payment Processing gives you expanded capabilities to set up, perform and track ACH transactions from the convenience of your own office. The easy to use templates are available for many transfer types, including payroll, tax payments, consumer debits and credits, disbursements and vendor payments.
- Easy to setup templates can be utilized for reoccurring collections
- Access to upload your NACHA formatted file
- Integrated security features
- Dual Control option provides a separation of duties to protect your business.
- Search and print ACH history by effective or origination dates
- Wire Transfer Services
- Online Wire Transfer from ForestGreen Cooperate Bank allows you to move money quickly, safely and conveniently. You can transfer funds to any financial institution by initiating repetitive wire transfers via Business eBanking.
- Available for domestic and international wires
- Commercial Credit Cards
- Choosing the right business credit card is easier than ever. No matter which card you choose, you’ll enjoy important features like:
- Expense management tools
- No fee for additional employee cards
- EMV smart chip technology for added security
- Mobile payment capability for added convenience
*Subject to application and credit approval
