Business Banking
Cash Management Services
Electronic deposits and transfers are just the beginning. The high-tech revolution has created a whole new menu of electronic banking services for your business. Fast, reliable and cost-effective solutions. Learn more about Parkvale's Cash Management Services. Call any of our branch offices to obtain additional information on the following services:
Business Sweep Account
Remote Deposit
ACH & Merchant Services
Bank Origination Services
Business Sweep Account
Our Sweep account is appropriate for a business that consistently maintains average collected balances in excess of $25,000, as well as above average transaction activity. Your account is provided with an earnings credit on the first $25,000 in collected balances, which is used to offset the price of services provided. Any excess service fees over and above the earnings credit will be charged to your account.
- EARN interest on surplus funds
- SWEEP idle funds automatically into an interest-bearing account
- FREE Direct Deposit services for you and your employees
- FREE Online Banking & Bill Pay services
- COMPETITIVE earnings credit
Remote Deposit
Imagine making deposits without going to the bank! Parkvale makes it easy to deposit checks conveniently from your place of business. Our Remote Deposit service, e-deposit, is simple and easy to use through a desktop check scanner and software, which we provide and install. You can be up and running within hours of installation!
As your business receives checks throughout the day, you'll capture the check, create a deposit and electronically send the check images and deposit total to Parkvale via a secure internet connection.
To schedule an appointment to learn more about e-deposit, call our Small Business Center: 412-373-4837.
ACH & Merchant Services
ACH Services
Any type of electronic payment can help your cash flow by reducing delays and the costs of collection and disbursement. Here are just some of the advantages of Automated Clearing House (ACH) services:
- Eliminates the risk of lost, stolen or altered checks
- Streamlines your accounts payable and accounts receivable functions
- Eliminates the costs associated with the preparation, delivery and reconcilement of checks
- Helps you control the timing of your payments
- Allows you to concentrate and disburse funds through the ACH network to fund payroll, initiate government tax payments or other periodic bills
Merchant Services
Your customers expect convenience these days and what better way to fulfill their expectation than to offer them the ability to make purchases with a MasterCard® or VISA® card. Our merchant services offer you quick settlements, increased cash flow and the protection your business deserves, all while pleasing your customers and showing them how much you value their business with a swipe of their card.
To learn more about merchant services, contact our Small Business Center at 412-373-4837
