Cash Management Solutions

Cash Management

As your business grows, management of your daily cash flow becomes increasingly more important. Increase revenue and streamline operational expenses using a comprehensive menu of cash management tools. Whatever your business need, we have a product designed to meet it quickly and efficiently.

Business E-Banking Solutions

Our E-Banking features allow you to manage your account(s) and finances 24 hours a day, 7 days a week, from anywhere in the world. Our enhanced online security lets you conduct your transactions worry-free. All you need is a computer and a secure internet connection.

  • View real-time account transactions
  • Pay Bills and set up automatic bill payments
  • Receive your statements electronically
  • Set up email alerts to better manage your account
  • View account history
  • Transfer funds between accounts
  • Manage User access to your accounts
  • Access deposit accounts using Quicken or Quickbooks

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ACH Origination

Our Automated Clearing House (ACH) offers a flexible, automated and cost effective payables solution for your business. Reduce the risk of lost or stolen checks, check fraud or forgery. Move funds quickly! Manage billing, collection and deposits in a timely and efficient manner.  Create and manage automated State and Federal tax payments. Authorized payments can be debited directly from a vendor or customer account and credited to your American Security Bank account.

Positive Pay

Maintain tighter control over your disbursements and protect your accounts from check fraud losses. Upload a file of issued checks each day checks are written. We will match the account number, check number and dollar amount for each check presented for payment against your account.

Wire Transfer

Ideal for urgent payments or moving funds quickly. Wire transfers are the fastest method for transferring funds. You can process wires through your cash management online services or contact your branch.

Deposit Services

E-Deposit - Remote Deposit Services

E-Deposit provides you with the convenience and flexibility of depositing checks anytime; day or night, from your office. Our desktop scanner connects to your computer with a secured internet access. You scan the checks, and submit the deposits electronically to your American Security Bank deposit account. Fast, simple and secure.

Merchant Services

Accepting major credit and debit cards enhances the success of your business by increasing sales and improving your cash flow. American Security Bank provides solutions for all of your payment acceptance needs.

  • Credit & debit card processing
  • Internet payments
  • Check processing
  • Automatic billing
  • Gifts cards
  • Wireless terminals

Lockbox

Our Lockbox solution offers businesses fast, accurate and cost-effective payment processing. Payments are mailed directly to a Post Office Box, processed, and deposited directly into your deposit account. You can review account activity details, including audit trails and deposit information – all online. This solution doesn’t just save you time and money – it mitigates the risk of internal fraud and can increase customer satisfaction.

Courier Services

We bring the bank to you! Saves you time, allowing you to focus on your business instead of running to the bank. Our courier will come to you and pick up your deposits. Deposit pick-ups can be scheduled daily, weekly, monthly, or custom- tailored to meet your business needs.

Night Depository (Night Drop)

Not all businesses keep the same time schedules as banks. American Security Bank offers traditional Night Depository services at some of our branch locations to accept your deposits any time of the day, evening or weekends. Our Night Depository service allows business clients to conveniently secure funds in American Security Bank’s depository vault.

Sweep Accounts

Benefits

  • You determine the target balance to keep in your checking account
  • Multiple Sweep options available
  • Funds are swept to and from accounts as needed to maintain the target balance and cover any withdrawals or checks

Zero Balance Account

Zero Balance Account service is designed for companies that maintain a general operating account and separate accounts for payroll, petty cash, or other purposes. With ZBAs in place, all of the company’s funds are concentrated into one operating account

How It Works

  • All funds are deposited into a central operating account
  • Subsidiary accounts handle payroll, petty cash or other similar needs to maintain a zero balance
  • Each day, the total for all checks presented against each ZBA is offset by a debit to the central operating account