Cash Management

Jefferson Bank’s Cash Management products are designed to help:
- Cut expenses
- Increase income
- Save time
- Increase efficiency
- Streamline office procedures

Our products are designed to help small to medium size businesses, as well as meet the specialized treasury needs of corporations, government agencies, nonprofit organizations and financial institutions.


Automated Account Reconciliation
Improve management and audit control with more historical information and concise reports on check activity. Account Reconciliation saves time and improves accuracy when balancing business checking accounts. Jefferson Bank offers three levels of accounts:
- Full Account Reconciliation
- Partial Account Reconciliation
- Sort Only Reconciliation

Automated Clearing House (ACH) Services
A paperless payment system used for direct deposits, club dues, and a variety of monthly payments. This system eliminates check preparation, and storage and retrieval costs. Features include:
- Move billing and collection of routine payments away from paper
- Gain greater control over funds
- Originate recurring or one-time credits/debits to clients or other businesses

BusinessLink
Bank 24/7 with our online business service. Through the internet, you can access your most current account information and initiate transactions quickly. Whatever activity you can do at Jefferson Bank, you can now complete online!
- Cash Concentration
- Consolidate funds from multiple business locations into a single master cash management account.
- Eliminate idle balances
- Pool funds
- More accurate forecasts of cash flow.

Check Imaging
Receive your checks images with your monthly statement or the images of your checks on CD-ROM. Check images (front and back) from the CD may be accessed and printed on your PC. Information may be retrieved either by check number, amount of check or date. No more filing checks! Jefferson Bank will truncate the items and save you storage costs and space.

Controlled Disbursements
Early morning notification of the total dollar amount of checks clearing your account for that business day. Makes borrowing or investment decisions easier and more accurate.

Electronic Payment Solutions
Save time and reduce processing costs by processing checks electronically! Service includes:
- Returning your checks electronically (RCK)
- Conversion of Lockbox payments via paper checks into electronic payments

Investment Management Services
Customized investment strategies designed to assist you in reaching your financial objectives. Professional investment advisors handle the day-to-day investment decisions under the guidelines you establish to fit your goals and risk tolerance.

Lockbox Services
Want faster access to your funds? Lockbox Services will simplify collections of dues, regular payments and accounts receivable.
Incoming receipts are picked up at the earliest possible moment and
Opened
Sorted
Batched
Processed
Deposited

Merchant Services
Serve your customers faster, easier and have increased access to your funds. Merchant Services allows your customers to pay by credit or debit card. Jefferson Bank’s Merchant Services provides one-on-one customer service to show you how our services work, answer your questions, and help you get started.

Positive Pay
Reduce potential for check fraud, save time, effort and real money.
Transmit your check issue information to Jefferson Bank and we will provide a list of exception checks for your approval to process, or to reject.

Sweep Accounts
If you normally have more money in your business checking account than you need to cover your daily operating expenses, then a sweep account is a smart choice. This account will allow you to keep enough money in your business checking account to cover all day-to-day expenses and the automatically invests any excess cash into investment vehicles at the end of each day.

Wire Transfer
Electronically transfer funds faster, safer and from a secure environment. Jefferson Bank’s wire transfer service provides same-day availability, and you will receive information on wire transfer activity as well as notices on any incoming funds.

Zero Balance Accounts (ZBA)
Concentrate cash into a master cash management account with a zero balance account. Jefferson Bank’s ZBA will:
- Automatically transfer funds when a check is presented for payment
- Assist internal accounting departments when tracking different expenses
- Segregate expenditures