Have complete control of your company’s cashflow with F&M Bank cash management services.
Details
- Online Wire Transfers (3:00 p.m. cutoff time) (wire fees apply)
- Input wire transfer instructions directly into your online banking access
- ACH Origination (4:00 p.m. cutoff time) ($25.00/mo.)
- Make your own ‘template’ within your online banking access, or
- Simply upload your ACH file for
- Payroll
- Membership Fees
- Account Drafts
- Positive Pay (11:00 a.m. cutoff time for check returns) ($25.00/mo.)
- Fraud Protection
- Checks presented for payment are cross-referenced against a file you create containing your previously issued checks
- Checks with identified exception will be intercepted
- You will be contacted for further instructions
- A full reconcilement is provided containing a numerical listing of paid and outstanding checks and all account activity
- Fraud Protection
- Sweep Accounts
- F&M Bank also offers automated transfers between several accounts and a master account
- Providing consolidation and collection of funds
- Eliminating the need for manual transfers
- Repo Accounts
- Accounts are swept to a target balance and invested overnight in securities
- F&M Bank also offers automated transfers between several accounts and a master account
Convenience & Security
- Access accounts 24/7 with online banking
- Password authentication
- Assign an Administrator
- Give rights to other employees to perform certain banking functions
- Employees can only ‘see’ what you give them access to
- Funds Transfer
- ACH Origination
- Positive Pay
- Sweep Operating
- Master Sweep