Business Services

Offers you the flexibility of secure, anytime/anywhere cash management with real-time transaction inquiries. 

Features of CashManager

• Online Banking
• Bill Payment
• ACH Origination
• Wire Transfer
• Positive Pay
• Remote Deposit Manager
• Lockbox
• One Way Business Money Market Sweep
• Zero Balance Account (ZBA)
  

  Online Banking

  - View real-time account balances
  - View check images
  - View account history and statement inserts
  - Search history by check number, amount or date range
  - Export history (current and previous statements)
  - Transfer funds between NVB accounts and make payments on an NVB loan

  Bill Payment

  - Pay all bills; unlimited paper draft and electronic
  - Pay bills form multiple bank accounts
  - Payment due reminders
  - Categorize your payees for easy access and reporting
  - Memo and comment fields
  - Pending payment calendar

  ACH Origination

  - Generate and modify ACH files
  - Pay vendors
  - Receive payments
  - Payroll/Employee Direct Deposit
  - Pay Federal, Franchise Tax Board and EDD Taxes

  Wire Transfers

  - Originate secure foreign or domestic wire transfers

  Positive Pay

  Simplify your bookkeeping process and minimize fraud by automating the verification of issued checks. Upload your transaction register daily to North Valley Bank. NVB will match the checks presented for payment to ensure the check amount was not altered. Just another step that allows us to help you prevent fraudulent activity against your hard-earned dollars.

  Remote Deposit Manager

  Utilize a desktop scanner to scan checks received from your customers and issue deposits electronically to the bank, anytime, day or night.
  Is Remote Deposit Manager Right for Your Business?
  Does your business:
   1) Have multiple or remote locations?
   2) Need to make deposits after normal banking hours?
   3) Utilize key employees to deliver deposits to the bank?

  Lockbox

  Lockbox is a Cash Management Service for the collection, processing and depositing of your company’s receivables.

  Benefits:

  • Increase your company’s cash flow by accelerating processing time
  • Allows for true segregation of duties of handling accounts receivables
  • Customized processing instructions as defined by the client
  • Helps reduce costs by eliminating internal check processing and depositing functions
  • All processing is done in-house by North Valley Bank
  • Provides timely, accurate and detailed electronic file information for updating your receivables

  One Way Business Money Market Sweep

  Business customers can set a target balance in their Commercial Checking account. Balances in excess of the pre-determined target balance will be swept into a designated Money Market account under the same business name.

  • $25,000 minimum target balance
  • Excess balance sweep at the end of each day 
  • $25 monthly fee per account 
  • Fees may be offset through analysis 
  • Overdrafts are subject to NSF fees 

  Your company benefits through the convenience of automatically investing excess balances to increase earnings.

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  Zero Balance Account (ZBA)

  North Valley Bank's ZBA allows your company to eliminate excess balances in separate accounts. It provides an easy, fully-automated way to separate specialized disbursement or depository activity into distinct sub-accounts while retaining cash in a single master operating account. The service automatically transfers funds to or from the master operating account at the end of each business day to offset the net activity in each zero balance sub-account.

  Your company benefits through convenient, automated transfers and local disbursing and depositing authority while providing centralized cash control.
  
  
  • Funds are consolidated into a single account
  • Monthly statement for each ZBA as well as the master account 
  • Monthly service charge of $25 per ZBA which is added in as an analysis charge

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