Business Cash Management
Your Cash Management Team
We take a lot of the work…out of your work!
Running a successful small business is part hard work and part working smart. While you’re busy making money, our experienced and knowledgeable cash management team is making it easier to run your business with efficient ways to manage cash balances, improve cash flow, and more.
Want to learn more about any of the services below? Contact our cash management team at 651.291.6240 or send them an email.
ACH Fraud Alert
If you're authorizing debits to your account via ACH, you need to ensure those debits are correct. Fortunately, BankCherokee Fraud Alert can put the power of prevention into your hands.
Check Fraud Alert
Positive Pay saves you from the hassle that arises when forged or altered checks clear against your bank account. Check Fraud Alert makes it easy for you to protect your account against check fraud.
Merchant Services
Merchant services allow you to accept Visa, MasterCard, American Express, and Discover Card.
Direct Deposit
Direct deposit allows you to electronically deposit your employees' payroll check into their bank account. It can also be used for expense reimbursements, tax refunds, pensions, dividends, and bonuses. Best of all, you control the process when you use Cherokee Online Business Plus.
Direct Debit
Direct debit allows you to electronically debit accounts using the ACH network. You can use direct debit to collect rent payments, set up recurring payments, collect donations, and more. Best of all, you control the process when you use Cherokee Online Business Plus.
Remote Deposit
Now you can scan checks received from customers and issue deposits electronically from any PC desktop. Anywhere. Anytime, day or night. It's the quickest way to turn check deposits into cash.
Cash Concentration
Cash Concentration service allows you to electronically concentrate funds from various locations or subsidiary companies into one main operating account.
Zero Balance Accounts
When your business uses several accounts to segregate money, zero balance accounts are the fastest, most cost-effective way to monitor your account balances.
ICS / CDARS
With ICS and CDARS, you can enjoy the peace of mind that comes with access to multi-million-dollar FDIC insurance and can choose the service or combination of services that best meets your needs for returns and access to funds. Now that’s smart.
Business Plus Online Banking
Bank Anytime Anywhere!
Powerful tools for cash management. Save time, improve cash flow, and streamline cash management procedures—all in a fully secure environment.
Choosing the right credit card is easier than ever.
No matter which card you choose, you’ll enjoy important features like:
- Expense management tools
- No fee for additional employee cards
- EMV smart chip technology for added security
- Mobile purchasing for added convenience
Have more questions?
Contact our cash management team at 651.291.6240 or send them an email.
email cash management team