Cash Management Services
California Credit Union's cash management services help you expedite your deposits, manage your payments, and retrieve detailed information on your business accounts. You can even complete most transactions right from your desk, helping reduce the time you spend away from what's more important - running your business.
Remote Deposit Capture (RDC)
Deposit checks without leaving the office. Simply scan your checks and transmit the images to your CCU business account via the Internet. With software that provides security and convenience, Remote Deposit Capture is a critical business tool for your business that can save you valuable time.
Balance reporting provides you with complete cash and liabilities position reporting. You'll have a snapshot of your daily activity through every stage of the payment cycle so you never miss a beat.
Stay up to date, even when you don't have the time to. Our balance alert service offers you and your employees proactive notification of key banking, balance, and transactional events through e-mail.
Never be surprised by your balance. Set up automated sweeps on accounts to keep balances within your defined limits. When a limit is reached, the system automatically transfers money between specified accounts and sends an alert to notify you of the transfer.
Business Bill Payment
If you know how easy personal Digital bill pay is, then you can imagine the convenience of the business version. You can even 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)
ACH allows you to improve your payment processing efficiency and accuracy while reducing expenses to save you time and provide you with a secure way to transfer funds. You can make single or recurring ACH transfers.
Wire transfer service is the most expedient method for transferring funds between your CCU business checking account and other bank accounts. Plus, you can initiate and monitor outgoing domestic and international wire payment activity.
Payroll is never easy-until now! Specifically designed for small business employers, our payroll services let you pay your employees simply, to save you time and let you focus on running your business.
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 a time consuming process. CCU's account reconciliation service expedites the process through an automated delivery system, so you can get back to work with the knowledge you need.
Dramatically decrease your susceptibility to check fraud. 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 to increase your account safety and give you peace of mind.
Zero Balance Account
Consolidate balances from multiple sub-accounts into a single master account with our Zero Balance service, which 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. Funds are transferred automatically each business night, which means you'll save yourself valuable time.
For more information, or to open an account, call toll free, (866) 438-1899.