Business Banking

Deposit Accounts • Merchant Services • Cash Management 
Employer Services • Credit Services • AccessBusiness 

Cash Management Services

Each product in United Bank's Cash Management Program is designed to assist our commercial customers in managing their finances. Cash management services help you:

• Maximize Your Cash
• Eliminate Repetitive Tasks
• Accelerate your Cash Inflow

United Bank's Cash Management department works closely with you and your account officer to tailor a package that addresses your needs. By offering services created for your business, we can help you manage your financial operations more efficiently.

Retail LockBox

With United Bank's Lockbox Processing, we handle all the work for you. This service is ideal for customers who receive a large number of payments on a monthly basis. We monitor a bank-controlled Post Office Box where your remittances are mailed. We process payments from this box and post credits to your account the same business day. Next, we provide you with a combination of the following:

1. Fax Summary of the day's activities
2. Data Files for Import into your accounting system (eliminates manual postings)
3. Other Items which are requested

Lockbox Processing frees up your staff to perform other vital functions within your organization.

Deposit Concentration

Are you a diversified company with several locations? Do you wish you could place all your funds in one account without relying on the U.S. mail? With United Bank's Deposit Concentration Service, you provide us the proper data, and we handle the rest. United Bank offers specialized software, which will allow you to create a file and transmit it directly to the bank for processing. By concentrating your funds in one account, you will be able to employ them quicker to reduce debt, invest, or grow your business.

ACH Origination

The Automated Clearing House Network allows for the electronic transfer of payments among individuals, corporations, and the government. The most common form of ACH origination is Direct Deposit, which we commonly offer employees, but now you may pay your vendors this way, too. ACH transactions are growing rapidly, with over 4.5 billion transactions in 1997.

Account Reconciliation

Account Reconcilement allows the bank to perform all or partial reconciliation of your checking accounts. United Bank provides several reconcilement options:

1. Bank provides a listing of checks paid in serial number order.
2. The bank can provide information regarding checks paid in a computer format to interact with a variety of accounting systems.
3. Send the bank a record of all checks written and we reconcile the account against our records of items cleared. Reports are generated in return for your accounting records.

For more information contact Business Banking at (770) 567-7211.