Treasury Solutions

Automated Clearing House (ACH) Origination is a secure payment transfer system available through State Bank’s Business Online Banking and offers flexible options – you can upload NACHA formatted files, initiate one-time ACH transfers, and build templates for recurring transactions for:

• Payroll Direct Deposit
• Vendor Payments
• Expense Reimbursement Payments
• State and Federal Tax Payments
• Accounts Receivable Collection

View the latest NACHA rules on the NACHA website. Purchase required. 

Can't make it to your local Banking Center to deposit checks? Maybe your business has multiple locations. Then Remote Deposit is for you. Say goodbye to the hassle of time-consuming trips to the bank and filling out deposit slips by hand. State Bank provides the desktop scanner that allows you to securely scan your check deposits simply with your computer and an internet connection. Just log in, scan your checks, verify the information, and transmit the deposit.

• Save time and gas by not driving to the bank
• Make deposits 24/7 into multiple State Bank accounts
• Streamline your cash flow
• Encrypted and secure

Domestic and international wire transfers can be easily facilitated through State Bank’s Business Online Banking while, at the same time, providing control, security and convenience.

• Initiate same-day domestic and (USD) international wire transfers until 2:30 p.m.
• Setup wire templates to simplify the data entry process
• Options available to establish dual control for wire transfer users

State Bank’s Line of Credit Sweep solution allows business clients to automatically manage surplus cash balances to reduce interest expense. This service automatically moves funds back and forth between a company’s primary checking account and an active line of credit.

• Reduce the time spent monitoring cash flow
• Establish a target collected balance based upon your daily account balance and activity
• Automatic transfers to pay down your outstanding loan balance when checking balance exceeds target collected balance
• Automatic loan advances cover checking account deficits
• Unlimited transfers to and from your checking account and line of credit
• Interest expense reduced

Fraud is one of the greatest challenges facing businesses today. That's why it's critical for your business to adopt a fraud protection strategy. State Bank's Positive Pay Solution is an integrated transaction management system that encompasses both check positive pay and ACH positive pay to provide businesses with one of the most effective fraud prevention tools available. Positive Pay from State Bank helps your business:

• Detect suspicious activity
• Reduce risk of financial loss
• Safeguard your company’s reputation
• Enhance the visibility of check and/or ACH activity
• Solidify internal controls
• Minimize disruption to operations

With Check Positive Pay, all checks clearing your business account are reviewed daily. If any appear to be fraudulent, you receive an email notification and are given the option to return the item or approve payment.

ACH Positive Pay allows you to manage ACH activity with the ability to block and/or filter certain ACH transactions. And, as with Positive Pay, we'll notify you via email of any exceptions to the monitoring guidelines you established. You will then have the option to pay or return the item. Clients can view images of checks, analyze reconcilement reports and submit electronic issued check files all via the web, in a secure paperless environment.

When your business accepts major credit cards, you improve cash flow, minimize loss and broaden your customer base. State Bank maintains a strategic partnership with Bancard to deliver all the payment solutions your business requires. We offer multiple solutions to suit you and your customers’ needs with options to accept credit and debit cards at your place of business, using a mobile device or through your online store. Our diversified mix of payment-processing solutions meets a wide range of customer needs, including:

• EMV chip-card technology
• Debit card purchases/electronic benefit card processing
• Recurring billing payments
• Card-not-present/ecommerce payments
• Gift/loyalty card payments
• PCI/DSS Security