Treasury Services
Improve efficiency and enhance security for your company – automatically.
Streamline your processes and stay competitive.
Every business day keeps you moving ahead at full speed. You need ways to save time and money. With Lakeside Bank, you can implement a suite of Treasury Services that will free up valuable resources you can redirect to mission-critical work.
Positive Pay
You work hard to generate profits, so make sure check forgeries and alterations don't cut into your margins. Positive Pay is an anti-fraud system that automatically identifies suspicious checks. When your business mails out a batch of checks, you'll provide us a list with each check number, the dollar amount and recipient. When a check is submitted for payment, Positive Pay compares it to your file. It's a cost-effective way to protect your business from theft and profit loss.
- If any discrepancies appear, we delay payment and alert your business immediately.
- Your team can then view the check image and decide whether to reject or authorize payment.
- Quickly generate reports with histories of red-flagged checks.
Remote Deposit Capture
This in-office scanning system allows your team to deposit incoming checks any hour of day to increase cash flow. With Remote Deposit Capture, your business can process each check in seconds, fast-tracking funds into your operating account and reducing staff workload so they can focus on other mission-critical work.
- Lakeside Bank provides scanning hardware and staff training.
- Scanning system links directly to your network.
- Scan check one at a time or in batches.
- Review check images on workplace computer terminals before transmitting them directly into your Lakeside Bank accounts.
- Easily generate detailed summaries of each day's deposits.
- Access records of previous deposits for each payer.
- Eliminate daily bank trips that take up valuable staff time – or courier payments that increase expenses.
ACH Origination
There's a faster, more secure and more accurate way to process your company's payments. Use the Automated Clearing House network to move funds at the speed of your business needs, whether you need to transfer or collect money. By eliminating checks in the mail, you also eliminate potential errors and delays while increasing your security through automatic transfers.
- Expedite payroll for employees and payments to companies to manage your obligations efficiently.
- Set up one-time and recurring payments or debits to be delivered when necessary.
- Delegate ACH administration through sub-user access to spread out responsibilities.
- Download reports displaying payment history or scheduled activity to analyze patterns and make adjustments as needed.
- Streamline expense and tax reporting to save time.
Wire Transfers
Whether your business is closing a real estate deal, purchasing inventory or conducting another type of major transaction, a wire transfer is the quickest, most secure way to move money across the state or the country. With Lakeside Bank, you can send domestic wires at your convenience using Online & Mobile Banking.
- A faster way to move funds than writing a check.
- Make one-time transfers or schedule automatic recurring transfers.
- Dual authorization system provides added security.
Additional Services
You can also request Stop Payments, transfer money quickly between your Lakeside Bank accounts and access robust activity reporting.
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Integrated right into your online and mobile banking experience. Zelle® is available to millions of users nationwide.