Treasury Management Services

Overview 
Make the most of your valuable cash assets with Plains State Bank flexible Treasury Management products. We can help you with all facets of the cash flow cycle.

  • Accelerate Collections
  • Manage and Reconcile Disbursements
  • Consolidate and Invest Cash
  • Receive Updated Account Information Throughout the Day

Collections

  • Lockbox:
    Reduce accounts receivable overhead and accelerate your check collections.
  • ACH Debits:
    Improve the certainty and speed of collecting repetitive payments.
  • Wire Transfers:
    Fast, irrevocable payments can be sent to your business by wire transfer.

Information Reporting

  • PSB-Online:
    Monitor your accounts 24 hours a day, 7 days a week
  • Zero Balance Accounts:
    Enjoy the convenience of multiple, operating accounts, the simplicity of managing a single pool of funds.
  • Account Reconciliation:
    Reduce the time it takes to reconcile your account by downloading paid checks directly from the Plains State Bank Online system.

Disbursements

  • Direct Deposit of Payroll:
    Eliminate the hassle of writing payroll checks and provide the benefit of payroll direct deposits to your employees.
  • Controlled Disbursements:
    Know early each morning, the total dollar amount of the checks that will be clearing your account that day.
  • Positive Pay:
    Reduce the potential for unauthorized checks.
  • Wire Transfers:
    Send large business payments quickly using Plains wire transfer service.

Note: With the installation of additional software, you may create Payroll files to direct deposit your employee’s payroll. You may also initiate Outgoing Domestic Wire Transfers. (These functions require the signing of additional agreements and are subject to a credit approval process. Accounts are also subject to normal wire transfer charges and ACH file transfer charges).