Cash Management Services

Cash Management Services

“Time is money”

Let Poca Valley Bank show you how our Cash Management Services can save you both. These
services will increase operating efficiencies and reduce costs.

Desktop Deposit

Desktop Deposit utilizes a scanner that connects to your PC and the Internet. This compact device enables you to scan checks and submit deposits to your Poca Valley Bank accounts from the comfort and convenience of your office

Make electronic deposits anytime
Reduce trips to the bank and eliminate costly courier fees
Reduce staffing costs as electronic deposits take less time
Eliminate the fear of lost or stolen checks
The latest encryption technology ensures the security of your transmissions

To enroll in this service, contact the Cash Management Group via eMail or call us
at: 304.586.5532

E-Business

With E-Business from Poca Valley Bank, you finally have the access and control you need in cash management. Real-time online solutions enable you to more effectively manage your company’s finances. Also with user specific permissions, you can securely maintain your internal control access. E-Business will make managing your company’s finances a breeze.

Real-time funds and file management
Permission controls
View real-time account balances
ACH – Payroll, Accounts Payable, and Bank to Bank transfers (subject to approval)

E-Business provides you with total access – whenever and wherever you need it! E-Business Customer Education Video

24-hour access to checking, savings, money market, CD and loan accounts
View real-time account balances
Advanced online research with check and statement images
Secure multi-user platform
Check your account balances, transfer funds, and review file transfers right from the Home Page
Access detailed transaction histories, spending reports, and pie charts
Export transactions directly to financial software or spreadsheets
E-Business Enrollment Application

Enrollment Application Enrollment Application with ACH Log into E-Business

Automated Clearing House (ACH)

The Automated Clearing House (ACH) is an electronic payment system designed to serve depository financial institutions and their customers. ACH streamlines your payment process and eliminates the costs associated with check processing. It expedites payments, improves your cash flow, and benefits your employees or vendors.

Electronically pay employees wages for payroll or reimbursements, pay dividends to investors or pay vendor invoices.

ACH transactions can be easily created using our Internet based product with the option of initiating the transactions manually or using a file download from the accounting software used by your business – ACH Manager Customer Education Video

Expedite payments
Improve your cash flow
Benefits your employees or vendors
Utilize custom security controls with multi-layered approval levels and employee access rights

Enrollment Application Enrollment Application with ACH Federal Reserve Bank Holiday Schedule NACHA Rule Updates & ACH Quick Guide

*ACH Origination is subject to approval

Wire Transfers

Move funds between banks on the same day. Poca Valley Bank offers Wire Transfer services at all of our branches.

We offer both domestic and foreign wire transfers

Secure and fast method of payment
Wire agreements can be established to expedite authentication
Wire origination is not available via Poca Valley Bank’s online services
Wire cutoff time is 4:00 PM

To learn more about this service, contact the Cash Management Group via eMail or call us
at: 304.586.5532

Online Bill Pay

Business Bill Pay saves postage, time and effort! You can view and manage all your business’ monthly bills in one place. Business Bill Pay also provides full security controls ensuring only authorized personnel can approve payments.

Schedule single and recurring payments
View and manage payee list; add or remove a payee at anytime
Utilize custom security controls with multi-layered approval levels and employee access rights
The latest encryption technology ensured the security of your transmissions

To enroll in this service, contact the Cash Management Group
via eMail or call us at: 304.586.5532

Business Bill Pay Video

Business Overdraft Protection

Attach your existing line of credit to your business checking account for automatic advances, as needed.

Eliminates or reduces overdraft charges
Reduces the time and expense of monitoring daily cash flow
Transfers are subject to a $5.00 fee

Optimize your available funds!

Loan Sweep

Advance and pay down a line of credit automatically as needed.

Eliminates or reduces overdraft charges
Reduces the time and expense of monitoring daily cash flow
Minimize interest expense
*Coverage for overdrafts up to your credit limit

Savings Sweep

Earn interest on excess balances while keeping those funds liquid
Eliminates or reduces overdraft charges
Reduces the time and expense of monitoring daily cash flow
Minimize interest expense

Insured Cash Sweep

Poca Valley Bank partners with IntraFi to offer Insured Cash Sweep

As a member of IntraFi’s network Poca Valley Bank can offer numerous benefits including access to multi-million-dollar FDIC insurance through a single relationship.

Option of demand deposit account or money market account
Principal and interest are eligible for FDIC insurance
Convenience and relationship of working with one bank, PVB, to receive FDIC coverage from many banks

CDARS

Principal and interest are eligible for FDIC insurance
Convenience and relationship of working with one bank, PVB, to receive FDIC coverage from many banks
Minimum Deposit: $250,000
Term Duration: 4 Weeks - 3 Years

Fraud Alert for Our Business Customers