| |
 |
|
|
|
Cash Management
Services
Commercial business solutions designed for growing businesses,
the Provident suite of Cash Management Services
includes:
Commercial
Online Banking
For businesses that require more tools than Provident's standard
Online Banking system, Provident's Commercial Online
Banking gives your company greater command of business finances.
With our 24/7 electronic service, you have access
to vital account information, day or night, from
the convenience of your home or office. All you need
is Internet access to perform most of your business
banking:
- Reconcile accounts
- Review account balances and monitor activity
- Initiate same-day internal transfers between
accounts up to 6 PM
- Transfer funds from your accounts at other institutions
into your Provident account
- Place stop payments
- Access check images
- Pay bills
- Print and view electronic statements
- Export account information into Quicken®
or Microsoft Money® software
- Generate Reports
- Initiate ACH transfers and wire transfers
- Create individual security levels for employees who assist in bookkeeping
You control access to your account information
with password controls and the setting of security levels
for staff use.
Provident Commercial Online Banking means less
time managing your banking and more time growing
your business.
To enroll, or for additional information about our
Commercial Online Banking Service, call us at 1-866-4NJ-BIZZ
(1-866-465-2499) or click
here to e-mail us and one of our Bank Representatives
will contact you.
Back to top of page >>
Payroll
Origination
Direct Deposit of Payroll
In any business, large or small, time spent on details
is time deducted from the more productive job of daily
operations. With Provident's Payroll Origination
Service, both you and your employees can
save time and money *.
When you switch your direct deposit payroll to The Provident Bank,
your employees will be offered a package of beneficial
banking services we call the Employee BusinessAdvantageSM.
This includes a free personal checking account
and free debit card for employees
who elect to have their paycheck automatically deposited
into a Provident Bank Checking account, at no cost to your
company.
Further benefits include:
- No monthly checking fees
- No per check charge
- Free 24-hour banking at thousands of MAC Network
ATMs **
- Free telephone transfers of funds between checking
and statement accounts
- Rate discounts on Provident home equity, auto
and personal loans with free automatic payment
transfers from any Provident checking account
In addition to all of the time- and money-saving benefits
of Provident's Employee BusinessAdvantageSM,
your employees also will have the satisfaction of
banking with the New Jersey bank known for stability,
service and value since 1839.
Back to top of page >>
Escrow
Account Management
Provident Escrow Account Management Service is designed
to help your business manage multiple escrow funds
with simplified procedures and a
reduction in paperwork normally
associated with escrow administration.
This service allows you to establish one master
account instead of many individual accounts.
This convenient master account enables you to open
or close an unlimited number of separate sub-accounts
as needed. The account can be used for rent
security, property management, attorney escrow, realtor
escrow, and title escrow.
Benefits include:
- Consolidated records
- Reduced administrative burden
- Audit trail
- Funds security
- Complete IRS reporting
- Sub-accounts FDIC insured up to the legal limit
- No miscellaneous fees
- Comprehensive monthly statements
Back to top of page >>
Lock Box
Provident's Lock Box Service offers
real-time, online service with full image captures
and retrieval capabilities. It facilitates the collection
and posting of receivables.
Provident Lock Box Service reduces mail handling,
manual data entry, operating costs, and collection
float involved within typical lock box services.
- Allows accounts receivable information to be
scanned from paper checks and remittance stubs
- Transmits data directly to a customer's accounts
receivable system
- Enables same-day acceptance or rejection of
payments
- Reduces time between receipt and deposit into
your Provident Bank account
- Interfaces easily with all major networks and
most accounting software packages
Back to top of page >>
More questions about Provident Cash Management Services?
Just call 1-866-4NJ-BIZZ (1-866-465-2499) to
reach a representative for more information, or to
enroll.
We're ready to help you get started with commercial
business solutions.
* Refer to our Business Services
Fee Schedule
for more information
** Institutions other than The Provident Bank may
apply individual ATM surcharges.
|
|
|
|
