Cash Management

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Optimize Cash Flow with Cash Management Services

As a business owner or manager, you know time is money. We want to help you get back more of both at Lena State Bank. Our Cash Management and Digital Deposit Remote Capture services focus on saving you time, effort and money in your financial management.

 

Cash Management Services

Cash Management allows you to complete a number of tasks relating to your finances, such as:

  • Payroll  Deposits
  • Collections
  • EFTPS Tax Payments
  • ACH Payments
  • ACH Receipts

 

Digital Deposit- Remote Capture for Businesses

How much time, effort and money do you spend processing payments and making “bank runs” over the course of a year? With Digital Deposit from Lena State Bank, you can eliminate the hassle of depositing business checks while saving money.

 

Here’s how it works:

  1. Scan your checks with a scanner that produces an image of the check
  2. Digital Deposit’s computer system automatically distinguishes and converts consumer and non-consumer items
  3. Funds are credited to your business checking account within 24-48 hours ( Business Days )

 

Using Digital Deposit Remote Capture from Lena State Bank offers numerous benefits:

  • Reduce or eliminate the need to make “bank runs”
  • Greater efficiency
  • Reduce the time it takes to process your checks
  • Simplify your account reconciliation
  • View check images from wherever you are (with authorized access)
  • Quick availability for funds
  • Consolidate banking activity from multiple locations to one single account

 

Get Started with Cash Management and Digital Deposit Today

Contact Lena State Bank and ask to speak with someone about both Cash Management and Digital Deposit to start saving time, effort and money today!