Did you start your business so you could spend your time processing paper? Probably not. First Bank Elk River Cash Management services offer you immediate relief on multiple fronts.
Did you start your business so you could spend your time processing paper? Probably not. First Bank Elk River Cash Management services offer you immediate relief on multiple fronts.
Improve daily cash flows with daily Sweep Accounts
Reduce wasted time spent processing customer payments with Lockbox Services
Enable automated credit card payments with Merchant Card Services
Maximize the use of your funds with scheduled Electronic Payments
Itemize your spending with the use of Corporate Credit Card Programs
Remote Deposit frees you from those daily, time-consuming and expensive trips to the Bank! Simply scan and send your deposits, electronically and safely into your First Bank Elk River business account.
Receive funds faster; reduce float time.
Eliminate the need to go to the Bank.
Enjoy later, daily deposit deadlines. Offers speed, savings, convenience and security.
No need to purchase or maintain software.
Improves efficiency and profitability.
Remote deposit allows you to make deposits into your First Bank Elk River Accounts as follows:
Save time and money with efficient and secure electronic payments through the Automated Clearinghouse (ACH). ACH is faster, safer, easier, and more secure than traditional paper-based check payments.
Provide direct deposit payroll services to your employees
Make state and federal tax payments
Control the timing of your payments and make one-time or recurring payments to your vendors and suppliers
Eliminate preparation, delivery, and reconciliation expenses related to paper checks
Collect outstanding invoices from your clients
You can initiate ACH transactions electronically from your existing software via upload to Internet Banking or build ACH transaction right in Internet Banking, through optional software First Bank Elk River can provide, or by phone.
Whether you have a large payment in need of extra security or a same-day payment requirement, wire transfer services may be your answer.
Multi-layered security
Hard-copy confirmation of your transaction by mail or fax
With Internet banking, First Bank Elk River is always open. Take care of your daily bank business anytime and anywhere with Internet access. It’s safe and easy.