Cash Management Services For Every Business
Juggling all the tasks of managing a business can be demanding. The Peoples Community Bank offers Cash Management services to all business customers to assist in simplifying your record-keeping, account management, payroll services and more. Just one more way we make Simply Good Banking work for you.
Our Cash Management services allow you to efficiently manage your time by offering products specifically designed to your business needs. With a team of specialists available to you, we have the tools in place to make your business banking seamless. We offer annual reviews and support with our Cash Management team as well as onsite training to make sure your business banking is optimized to its full potential.
Online & Mobile Business Banking
Our secure Online & Mobile Business banking platforms allow you to manage your finances at any time, from anywhere. Our Online & Mobile banking includes:
- 24 Hour Access
- Detailed account information & balances
- Provide access or limitations to additional users and/or CPA
- Real-time email & text alerts
- Mobile check deposit
- View check images
- e-Statements
- Electronic Bill Pay
- Transfer funds between accounts
- Quicken or QuickBooks access
ACH Origination
This easy to use, secure service allows you to create electronic payments and deposits. Simplify your payroll with direct deposit features and easily draw payments from customers such as rent, utility payments or membership fees. Limit the risk of check fraud by pulling funds directly through our ACH Origination service.
Remote Deposit Terminals
Save time by scanning, submitting and depositing your checks electronically with our Remote Deposit Terminals. Reduce risk for check fraud by directly scanning and submitting to your account. No more 'Beating-the-clock' to make it to the Bank in time. Eliminating the time and resources spent physically going to the bank is simply more convenient.
Merchant Card Processing
Worry-free acceptance of both debit and credit cards with competitive rates and efficient service.
IntraFi Network Deposits (CDARS)*
Ensuring your money and your business is safe is our top priority. We are an FDIC-insured member of the IntraFi Network Deposits/Certificate of Deposit Account Registry Service (CDARS), a nationwide network of financial institutions. The FDIC can only insure up to $250,000 per depositor. As a member of CDARS, any deposit over $250,000 is protected. We're able to break up your large deposit into multiple FDIC-insured deposits placed at separate banks in the CDARS network to keep all your funds insured all while still earning the same great rate on the deposits.
Insured Cash Sweep (ICS)*
Safe cash management solution that enables you to access FDIC insurance beyond $250,000 on large deposits placed into demand deposit accounts while working directly with us. We are a member the ICS Network. When we place your funds using ICS, your deposit is sent from your transaction account at PCB into deposit accounts at other ICS Network banks in amounts below $250,000, the standard FDIC insurance maximum. As a result, you can access FDIC insurance coverage from many institutions while working directly with just us and receiving just one regular statement. You'll also maintain immediate access to your funds.
Enjoy the ease of working through a single bank relationship and receiving just one regular statement with the peace of mind that your money is insured.
*Call our cash management team for more information at 608-795-2120
