Howard Bank

Cash Management

Howard Bank takes a Hands On approach to Cash Management Services.

Business Cash Management Services

Howard Bank takes a Hands On approach to Cash Management Services. We understand that how a business runs effectively has much to do with these services. We break our Cash Management Services into 3 categories; Managing Account Activity, Managing Collections, and Managing Disbursements.

Managing Account Activity

  • Online Banking with Bill Pay
    Use Howard Bank’s Business Online Banking to realize all the benefits of convenience, efficiency and safety available through Online Banking. 24 hours a day, 7 days a week access to your accounts is just a few clicks away.
  • Mobile Banking with Mobile Deposit (Mobiliti)
    You can monitor your accounts using your mobile phone, view account activity, transfer funds and even pay bills — whenever you need to and wherever you happen to be!
  • Overdraft Privilege (ODP) (Available to Free Small Business Checking Only)
    Extend the coverage to your checking account by automatically transferring available funds to help prevent unwanted overdrafts.
  • Sweeps
    Put your money to work for you. Use a Howard Bank sweep account to “sweep” your money into an investment account that can earn you interest. Howard Bank offers sweep accounts into Repurchase
    (Repo) or Master Note accounts. We also offer sweeps into loans you may have with us.

Managing Collections

  • ACH (pulling money in)
    ACH allows you to turn your receivables into working cash quickly and accurately while lowering collection costs. You can collect and concentrate cash between multiple accounts anywhere in the country.
  •  Branch Deposits
    Use one of our conveniently located branches to conduct all your banking needs.
  •  Merchant Services and Credit Card Processing BluePay
    Give the convenience of paying with a credit card to your customers and receive the benefit of receiving funds faster (as quick as next day) by using Howard Bank’s credit card processing*.
  •  Lockbox
    Reduce mail, processing and check collection times by outsourcing your receivables to Howard Bank.
  •  Remote Deposit
    Deposit checks electronically without leaving the comfort of your office.
  •  Wire Transfer
    You can move money electronically by initiating a domestic wire to or from your accounts at any bank in the country for same day availability. You can also move money internationally anywhere in the world** for faster availability.

Managing Disbursements

  • ACH (pushing money out)
    Through this efficient and cost effective channel, you can disburse payments to vendors,employee (payroll) and treasury
  •  Bill Payment
    Easily and quickly make payments through our Online Bill Pay 24 hours a day, 7 days a week. With defined authority levels you have more control.
  •  Positive Pay
    With Positive Pay, you can have increased control and accountability, while minimizing losses. You present Howard Bank with the expected payments you expect against your account, in return we provide you with those that don’t match and you decision whether or not we make those payments.
  •  Stop Payment & Check Image Retrieval
    Place a stop payment on a check or easily retrieve a check image 24 hours a day, 7 days a week through our Business Online Banking.
  • Wire Transfer Initiation
    You can move money electronically by initiating a domestic wire to or from your accounts at any bank in the country for same day availability. You can also move money internationally anywhere in the world** for faster availability.
*Howard Bank’s credit card processing services are offered through Blue Pay Processing LLC.
**Due to OFAC regulation, we are not permitted to send or receive monies to any countries where our government has financial sanctions in place.