Cash Management Products

Competitive Checking, interest rates, Sub Accounting and Sweep Accounts along with Municipal Money Market and Certificates of Deposit are designed to help government entities have more efficient management of municipal funds and maximize investments.

EDI Reporting

Our Electronic Data Interchange (EDI) reporting can help reduce the time and costs for filing and reporting payments.

  • Ideal for direct deposit of state aid payments
  • A detailed transaction report is provided via email

Online Wire Transfer

Transfer funds anywhere quickly and easily with this electronic service.

  • Initiate outgoing domestic wires to any financial institution in the United States

Positive Pay Services

This fraud protection systematically compares checks presented for payment to your issued-check files to detect serial numbers and dollar amounts that don’t match.

  • Protect your checking account from check fraud
  • All paid checks are matched against issued checks
  • You control the decision process on exception items

ACH Services

A full service payment processing that offers e-commerce solutions for any size municipality.

  • Pay your vendors electronically
  • Offers Direct Deposit of employees’ payroll
  • Tool for Federal and State Tax payments

Account Reconciliation Services

Each month, we’ll send you special reports along with a paid check file, which can be used to automatically update your accounts payable system.

  • A paid check file is provided at month end
  • Can be imported into the municipality’s software

Office Deposit (Remote Deposit Capture Services)

With Remote Deposit, you can use secure remote deposit capture technology to make unlimited deposits to your account from home or office.

  • Reduce trips to the bank
  • Allows for more frequent deposits
  • Can increase interest earnings

iBanking Online Services

All The Tools you need to manage your Municipal Finances. Many valuable benefits are provided.

  • View balances and transactions
  • Transfer funds between your bankESB accounts
  • View and print e-statements and check images
  • Access all capabilities via any mobile device
  • Authorize other staff members to process transactions
  • Get customized balance alerts
  • Access Merchant Charge Card Services

Lock Box Services

bankESB Government Banking offers government entities lock box services in partnership with Lighthouse Payment Services.

Advantages of using lockbox in your office include:

  • Same day processing of payments
  • Deposits are made daily to your designated bankESB deposit account
  • Online exception item processing of unidentifiable payments is available
  • Saves valuable staff time opening envelopes, processing payments, and preparing deposits
  • Posting of payments into the municipalities receivable system is done daily in minutes by electronic file transfer

 

For More Information

Please contact a Government Banking Specialist

Contact a Specialist