Convenient, Efficient Cash Management Services for Business Clients
Paragon Commercial Bank has a variety of treasury management products and services which can help you manage your company’s cash flow. These services will streamline administrative duties, reduce the time required to collect and disburse funds and maximize cash available for investment or debt reduction. A consultation with you will result in an in-depth analysis of your needs that will help us design a package of services suited to your company.
Flexibilty to leverage a customized program
Paragon’s Treasury Management program gives you the flexibility of specialized business services to manage funds and expenses. By leveraging the combined benefit of a local team of financial experts with the conveniences of automation and technology, we collaborate with you to develop a strategy that suits your workflow, processes, resource allocations and operating cash needs. We offer business clients a dedicated team to work with you on a comprehensive banking relationship.
Dedication to service excellence
Paragon’s client development officers value your relationship and partner with you to provide consistent guidance and support, tailored to your banking needs and goals. We are committed to being accessible and responsive—focusing on offering you our collective experience and extending relevant, valuable programs to maximize your investments.
Treasury Management Services include:
- Commercial Online Banking Pay your trading partners, or transfer funds to or from your account with ease via Online Banking
- Remote Deposit Service Save time and resources by processing deposits from the convenience of your office with remote deposit scanner
- Automated Clearing House (ACH) Pay your employees and trading partners or transfer funds electronically with ease online.
- Positive Pay Proactively safeguard your accounts with our service that matches items paid against items issued to identify and alert you to possible fraudulent activities
- Automated Investment Sweep Earn interest on the nightly investment of idle checking account funds or pay down your revolving line of credit with excess funds to save interest expense
- Zero Balance Account Automated transfers will simplify your bookkeeping and eliminate excess balances in separate accounts
- Lockbox Save time and money while managing customer remittances through this receipt and documentation service
- Wire Transfer Initiate wire transfers online and receive timely access to funds with immediate transfer notification and funds availability
- Imaging of Checks, Deposits & Statements At your convenience, review your transactions and monthly statements electronically via Online Banking or CD-ROM
- Payroll Card Employees who choose not to have a bank account can be paid via direct deposit to their payroll card from which funds can be accessed at ATMs and Point of Sale locations.
- Cash Vault Service Enjoy armored vehicle pick-up or delivery of currency for the day-to-day operation of your business
