California Credit Union’s cash management services help you expedite your deposits, manage your payments, and retrieve detailed information on your business accounts. In fact, you can complete most transactions right from your desk, helping reduce the time you spend away from what's most important – your business.
Remote Deposit Capture (RDC)
You can scan checks at your office and deposit them by transmitting images of those checks to your school account via the Internet. With software that provides security and convenience, Remote Deposit Capture is a critical tool for you. View Demo
Balance Reporting
Balance reporting provides you with complete cash and liabilities position reporting, offering a snapshot of your daily activity through every stage of the payment cycle.
Balance Alerts
Our balance alert service offers you and your employees proactive notification of key banking, balance, and transactional events through e-mail.
Sweeps
This service provides you with the ability to set up automated sweeps on accounts to keep balances within your defined limits. When a limit is reached, the system transfers money between the specified accounts and sends an alert to notify you of the transfer.
Bill Payment
An easy and convenient method for paying bills online. Attach relevant invoice information to payments to further automate the accounts payable process. Define payees and schedule single and/or recurring payments.
Automated Clearing House (ACH)
Saving you time and providing you with a secure way to transfer funds, ACH allows you to improve your payment processing efficiency and accuracy while reducing expenses. You can make single or recurring ACH transfers.
Wire Transfer
Wire transfer service is the most expedient method for transferring funds between your CCU business checking account and other bank accounts. Wire transfers offer a way to initiate and monitor outgoing domestic and international wire payment activity.
Account Reconciliation
Knowing your business’s daily cash position is critical. However, determining balances, detecting errors, and sorting and retrieving checks can make manually reconciling your accounts in-house a time consuming process. CCU’s account reconciliation service expedites checking account reconciliation through an automated delivery system.
Positive Pay
Positive Pay is a service that matches the account number, check number and dollar amount of each check presented for payment against a list of checks you previously authorized and issued. This capability dramatically decreases susceptibility to check fraud.
Zero Balance Account
Zero Balance Account is a service that consolidates balances from multiple sub-accounts into a single master account. This enables you to segregate the collection or disbursement of cash. During nightly posting of transactions, excess funds are either swept from the sub-accounts to the master account or from the master to the sub-accounts to restore all sub-accounts to a zero balance. This requires no time or effort on your part, since the funds are transferred automatically each business night to return the sub-accounts to a zero balance.
For more information, or to open an account, call toll free, (866) 438-1899.
