At VCB, we want you to focus on what you do best — manage and grow your business — rather than spend time on financial tasks or extra trips to the bank. Our Treasury Management can help you simplify banking, improve your cash flow and enhance return on funds.
We offer these tools to help your business operate smoothly, efficiently and profitably:
Receivables Solutions |
Disbursement Solutions |
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Make cash flow more efficient by speeding up funds availability. |
Take advantage of fast, convenient and secure solutions for your payment processing. |
Information Solutions |
Investment & Control Solutions |
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Access vital account information on your time, day or night. |
Maximize your profits and time while minimizing your expenses and hassle. |
Are you ready for us to maximize your money’s potential? Contact a Treasury Management Representative today at (571) 262-0878 for additional information and exceptional customer service.
Your business relies on positive cash flow. Why not make collecting and processing easier with our receivables solutions?
Cash Concentration — Through Business Online Banking, you can easily move funds from outlying banks to one Bank — VCB. Then use the concentrated funds to maximize your earnings.
Deposit Express (Remote Deposit Capture) — This service allows you to deposit checks electronically from your office at your convenience, meaning fewer trips to the bank, longer banking hours and convenient record-keeping through an automatic image archive. Learn more about Deposit Express and how it can work for your business.
Lockbox Services — Turn your company’s incoming receivables into cash with maximum speed, efficiency and accuracy. Reduce mail and processing time to cut down administrative burden and expense. Benefit from:
- Image Archive: All images and index details are accessible online for your convenience.
- Image-Based Exception Reporting: View sharp, clear images of checks, check stubs and remittance documents on your computer; track items and deposit funds in the bank the same business day.
Merchant Services — Speed up credit card processing time and lower your business expenses while giving your customers more payment options. Also benefit from quick purchase approvals and online transaction reporting. Find out more reasons why VCB Merchant Services is a smart business decision.
Preauthorized Debits — Get paid without having to send an invoice. Electronically debit your customers’ accounts at their banks using our convenient Automated Clearing House (ACH) application in Business Online Banking.
While we can’t eliminate your payments, we can make processing them much simpler with our disbursement solutions.
Automated Clearing House (ACH) — Get more flexibility for your business’s banking with ACH, which conveniently and easily enables direct deposit of payroll, cash concentration and vendor payments.
Direct Deposit of Payroll — Let us help you minimize the need to write checks for employees’ payroll by electronically depositing pay into any account at any bank or other participating financial institution anywhere. And the best place for their payroll deposit is a VCB@Work account; learn about the extra benefits your employees get when they bank with VCB.
Wire Transfers — Send funds domestically or internationally for same day credit with this easy and quick solution. Benefit from extended wire times by using Business Online Banking to process wires until 5:30 p.m. EST each business day.
Zero Balance Accounts — Maintain separate disbursement accounts for your record keeping while consolidating balances to maximize your earnings credit and sweep investment potential.
Get the power to streamline your business and maximize your money’s potential today! Contact a Treasury Management Representative at Or let us contact you. |
Do you know what’s going on in your business’s account? VCB can help you track your account activity and history easily and efficiently.
Business Online Banking — Take advantage of the flexibility and convenience of banking online in real time 24 hours a day, seven days a week. You can securely manage your cash flow without leaving your office and can even access VCB account information directly from within QuickBooks® or export to .csv file format. Learn more about Business Online Banking and how it can help you.
Telebanking — Wherever you have access to a telephone, you also have 24/7 FREE access to your account information. Just call 1-800-861-4356 and follow the simple directions.
Corporate eVision —Get a more complete picture of your transactions with anytime access to images of cleared checks or other deposited items dating back seven years. Plus, manage records effectively with options to sort, export, email, save or print.
Fraud Protection — Help protect your company from unauthorized transactions with VCB’s fraud-fighting tools: Positive Pay1 and ACH Filter1.
- Positive Pay: Provides daily monitoring of all checking activity and allows immediate decisions regarding possible fraudulent checks all while integrating with VCB Online Banking. Learn more about Positive Pay and how it can protect your business against fraudulent checks.
- ACH Filter: Reviews all incoming ACH transactions and unauthorized transactions are automatically blocked before posting to your account. It reduces your workload by automatically returning unauthorized ACH debits with no additional action required by you.
Account Analysis — Make your deposit balances work for you. We’ll provide a premium earnings credit rate on your collected balances, used to offset your bank activity and cash management fees for the statement cycle.
Sweep Services — Automatically invest your excess funds or draw against your line of credit, depending on your cash position, to put your company’s funds to work effectively. Benefit from:
- Sweep investment: You get some rest; we’ll keep working. Each night, we invest excess available funds in your Business Analysis Checking account in an overnight repurchase agreement, fully collateralized by government agency securities.
- Sweep Line: You don’t need to worry if the balance in your account falls short; an automatic loan will advance from your line of credit (subject to approval).
Escrow Manager — Simplify accounting procedures and decrease paperwork associated with managing your client’s escrow funds. Deposit escrow funds into a single master account, without needing to maintain separate accounts for each escrow deposit. Escrow accounts are kept separate using a sub-accounting method, allowing each sub-account its own FDIC insurance and interest accruals.
Receive one consolidated statement monthly showing the master account balance along with the history of all related sub-accounts. The 1099 statements for each sub-account are handled by the Bank, thereby eliminating excess year-end paperwork for the funds manager.
Maximize your money’s potential today. Contact a Treasury Management Representative at (571) 262-0878 for additional information and exceptional customer service. Or you can let us contact you.
Click here to read VCB's Treasury Management Services Master Agreement.
