Treasury Management


ACH Origination

ACH Origination1 allows you to create overnight and future-dated transactions using the Federal Reserve’s Automated Clearinghouse (ACH) to transfer funds economically between banks. The ACH system can be used to initiate preauthorized transactions for direct deposit of payroll, consumer debits and credits, account transfers, tax payments and business-to-business payments.




  • Direct Deposit
  • Direct Payment or Collection
  • Corporate Payments (such as tax payments, vendor payments, etc.)




  • Improves cash management – More reliable and predictable payment streams allow for better cash forecasting.
  • Reduces Risk – Fraud potential is minimized and the risk of lost or stolen checks is eliminated.
  • Lowers Costs – ACH reduces processing costs associated with check writing, wire transfers, and reconciliation costs.




Direct Deposit

Direct Deposit replaces check payments with the electronic transfer of a payment from a company or organization into an individual’s checking or savings account. Direct deposit payments are transferred through ACH for services such as payroll, travel reimbursements, tax refunds, pensions, dividends, and bonuses.

  • Payments are deposited electronically thus eliminating the risk of lost or stolen checks.
  • Payroll payments are made regardless of whether the employee is on vacation, ill or on business trips.
  • Funds are available at the start of the business day on the payroll date. There is no waiting for payroll checks to clear.
  • The transaction posts to the payroll account in an aggregate amount, which minimizes time spent on account reconciliation.
  • Direct Deposit is typically a fraction of the cost of making payments by check.

Direct Payment

Direct Payment improves the speed of collecting accounts receivables. Direct Payment provides direct debit for recurring payments such as club dues, mortgage payments, etc.

  • Payments are transferred from customer checking and savings accounts directly to your organization’s account.
  • Returned items, posting errors and processing costs are reduced.
  • Cash flow management is enhanced through more predictable and reliable receipt of payments.

Corporate Payments

Corporate Payments replace check payments with ACH for the collection and disbursement of funds and information between companies.

  • Postage, check printing, administrative costs and posting errors are reduced.
  • Payments or collection processes are automated.

1) Subject to credit approval