- Business Banking Center
- Treasury Management
- Reconcilement Services
- Disbursement Services
- Payroll Services
- Sweep Account Services
- Collection Services
- Fraud Defense Services
- Savings & Money Markets
- Loans, Lines of Credit & SBA
- Business Library
- Credit Cards
- Merchant Services
- Investing & Insurance
- Institutional Trust Solutions
- Employee Benefit Programs
Account reconcilement services reconcile your accounts through more timely delivery of data.
Automates reconciliation for high volume accounts
Creates efficiencies and provides greater control
Reduces administrative time and processing costs
Monitors disbursements and/or keeps track of outstanding items
Provides online viewing of check images and reconcilement reports
HOW IT WORKS
Full Reconcilement offers complete reporting of all check/debit and deposit/credit transactions paid against your account during the reconcilement period.
You forward the bank an electronic file with the check numbers, date issued, and corresponding dollar amounts of all checks issued during your most recent accounting cycle.
The bank compares your issued check information to check clearing and other transaction activity on your account.
- Paid check listing – checks in serial number sequence
- Outstanding check listing – all outstanding checks
- Miscellaneous debits/credits and registers
- Exceptions, voids and stop payments listing
- Reports are provided electronically in a format compatible with your accounting system, including a secure internet file transfer option.
Partial Reconcilement offers complete reporting of all checks/debits paid against your account during the reconcilement period.
At the end of the statement period, paid checks and account debits are balanced to your deposit account statement.
The bank delivers an electronic check paid report or data transmission of checks paid.
Reports are produced listing checks in serial-number order and delivered electronically.
Deposit Reconcilement provides control over a high volume of deposits from different locations.
A serial number is required in the MICR line of deposit tickets. This serial number is used to track and subtotal deposits.
The bank will provide a list of deposits made to the account sorted by the assigned serial number.