Cash Management Services

Time is money when you’re operating a business. First Resource Bank is committed to helping businesses with their cash management needs.
At First Resource Bank we offer the following Cash Management Services:

 

Remote Deposit
What is Remote Deposit?
Remote Deposit is a business customer using a scanning machine provided by the Bank to capture the check images and electronically deposit them into their account at the Bank. The checks can be processed as if the original items had been physically received and deposited by the Bank.
How does Remote Deposit work?
You accept check payments from your customers. Using Remote Deposit, you scan and submit those checks securely over the internet to us. We receive your file and process the checks accordingly, depositing the funds into your account.  It’s that simple.

For more information visit our Remote Deposit page for a demo.

Lockbox Service
With this service, you are assigned a lockbox with an address at the Bank. You instruct your customers to send their payments to the lockbox address. The lockbox is maintained by the Bank, which opens and processes the payments on your behalf, depositing the fund into your account at the Bank.

 

Merchant/Credit Card Processing
Your customers want and expect payment options for purchasing your products and services to include credit cards. First Resource Bank’s Merchant/Credit Card Services enable you to expand your customers’ payment options, simplify your business operations and increase your revenue.

 

Automated Clearing House (ACH)
ACH is an efficient and secure method of sending electronic payments to your vendors or electronically depositing routine receivables into the business account of your choice.

Wire Transfers
Wire Transfers are a convenient way to send or receive payments electronically between banks. It is simple, easy and secure.

For more information about any of our Cash Management Services, please contact our Cash Management Specialist by This email address is being protected from spambots. You need JavaScript enabled to view it. 1 or by telephone at (952) 933-3790.

 

1Email Disclaimer: For your protection, please do not send any personal information (i.e. social security number, account number, date of birth, etc.). We do not respond to account related or personal information requests through an unsecured email. If you have questions regarding an existing account, please contact a banker at a number referenced on our web site. First Resource Bank does not collect your email address to use for any marketing purposes.

 

HSA