Centrix Bank's Cash Management services are designed to present customized solutions for our business, municipality and not–for–profit customers to help with your day–to–day business management. Our products will assist you in the collection, disbursement and investment of your funds.

Collection

• Wholesale and Retail Lockbox — expedites funds availability while reducing in–house processing costs of accounts receivables.


• Remote Deposit Capture — expedites funds availability and saves time and money by eliminating trips to the bank through an easy to use process.


• ACH/Receivable Processing — provides a mechanism for collection of funds electronically to effectively manage your cash flow.

Disbursement

• ACH/Bill Payer — allows for the disbursement of funds electronically, such as direct deposits of payroll, bill payments and/or tax payments.


• Zero Balance Accounts (ZBAs) — are disbursement accounts that can be automatically funded by a concentration account to cover daily check clearing.


• Wire Transfer Services — provide an efficient mechanism for moving money on a same–day basis.

Investment

• Automatic Sweep to Investment — accounts are designed for clients who seek to maximize their liquid funds with an automated investment vehicle.*


• Short Term Investments — provide a host of options, such as high yield savings, money market accounts, and certificates of deposits, including FDIC insured Certificate of Deposit Account Registry Service (CDARS).

* "Not FDIC insured, not guaranteed, and may lose value”

Other Services

• Centrix Bank CentriNet Online Banking — is an all–inclusive Internet based platform to view daily balances and activity, initiate stop payments, internal transfers, bill payments, ACH and wire transfers, as well as the ability to print monthly statements.

For more information regarding our Cash Management products and services please contact: