Treasury Management Solutions

 

 

Leaders Bank entire suite of Treasury Management Solutions has been designed with the understanding that every client has different needs and objectives. Therefore we have built our products and services around the ability to customize solutions rather than request our clients to modify their operations to fit within a subset of the banks product offering.Understanding our clients need for specific products and services, and tailoring them to your requirements, result in a truly comprehensive treasury strategy to support your daily treasury objectives and financial goals. The information below provides you with the benefits and process of each solution.



Commercial Account Services

  • Commercial Analysis Account with Earnings Credit
  • Small Business Checking
  • Business Plus
  • Business Premier
  • Business Savings
  • Business Money Market
  • Extended Deposit Protection Program



Collection Services

ACH and Wire Collections: Improve the timing of your collections through electronic transactions, namely ACH and Wire Transfers. You control the timing of these transactions while gaining operational efficiencies.


Cash Vault Services: Enhance you currency collections with our state of the art currency vault. Leaders Bank partners with armored transport vendors to provide you with the ability to make secure deposits and accurate currency orders while minimizing your trips to the bank.

Online Payment Portals: Enable your organization the ability to accept online payments and donations from a checking/savings account or credit/debit cards through a custom-branded, secure online portal. 

Merchant Services for Credit Card Processing: Leaders Bank has partnered with Electronic Processing of North America (EPNA) to provide local specialized card payment processing, settlement, and support solutions for all industry types with a wide variety of user-friendly terminal, tablet, mobile, and eCommerce solutions.  Merchants can accept all major credit and debit brands and receive next day funding into their Leader’s Bank account.  EPNA provides solutions created specifically for the business-to-business space, allowing substantial savings on costs associated with transaction clearing requirements for business, corporate, and purchasing card types. Additionally, EPNA was recently certified as a Women-Owned Business Enterprise by Cook County and the City of Chicago, and received the great distinction of being the ONLY WBE certified credit card processing and equipment sales provider in the state of Illinois. Talk to your Leaders Bank representative about allowing EPNA to perform a cost analysis to see how you can save on your payment card acceptance costs. Visit www.epnallc.com for more information.


Retail and Wholesale Lockbox: Customer remittances and checks are sent to a designated Post Office Box. On a daily basis, the bank picks up the checks and deposits them to your account. Supporting information provided.

 

Remote Deposit Complete: Remote Deposit is like bringing the bank’s teller window to your business. No more driving to the bank to make deposits. Capture money orders, consumer checks, cashier’s checks and corporate checks electronically with a secure, accountable check processing system. With Remote Deposit, you can scan and image your checks right at your desk with a Desktop Scanner, Flatbed Scanner or Smartphone. 


Smart Safes: Imagine receiving credit, in your Leaders Bank account, for currency that is in your place of business. In concert with armored transport vendors, Leaders Bank has developed an innovative solution for depositing your currency utilizing the latest currency verification and storage technology. 



Disbursement Services

ACH and Wire Disbursements: Manage the timing of your disbursements through electronic transactions, namely ACH and Wire Transfers. You control the timing of these payments while gaining operational efficiencies.

Business Bill Pay: Combine a secure and convenient solution to pay virtually any company or individual within the U.S. through your Leaders Bank Profile. Payments are sent either electronically or by paper checks.

Business Credit Cards

Business Debit Cards



Account Administration and Fraud Protection Services

ACH Debit Block and Filters: Financial safety is a priority of ours as we continue to add new technologies in funds management. As part of our efforts to minimize potential fraudulent transactions with regard to ACH transactions, Leaders Bank offers our clients the ability to block or filter ACH transactions on their accounts. Once the filter is in place, only the approved companies will have the ability to debit your account via ACH. All other ACH debit transactions will be held for authorization. 

Automated Sweep Accounts: Enhance the benefit of your collection and disbursement solutions by utilizing Automated Sweep Accounts. Investment and debt reduction strategies can be realized through this efficient service. Note: Investment accounts may not be FDIC insured.

Dual Control Authorization: Add another layer of security by requiring approval for client specified transactions by more than one user.

E-Statements: E-Statements are an environmentally-friendly way to receive your statements electronically. Your E-Statement will include everything a printed statement would, including images of cancelled checks, disclosures, and important notices. This service is safe, convenient, and free for your deposit accounts.

Positive Pay: In its simplest form, Positive Pay is a service that matches the check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued. When a check is presented that does not have a "match" in the file, it becomes an "exception item". To ensure an accurate and timely matching process, Positive Pay requires you to send a file of issued checks to the bank each day checks are written.

Target Balance Accounts: Simplify the management of multiple checking accounts through a Target Balance Account (TBA) structure.



Internet & Mobile Banking Solutions

Manage your cash flow effectively with access to your checking, savings and loan accounts through your personalized Leaders Bank Profile. With a simple internet connection, log into our secure Leaders Bank website, or use The Leaders Bank Smartphone Application.


  • 24/7 access to Leaders ProfileSM
  • Access to full Treasury Product Suite
    - ACH Origination including Tax Payment
    - Business Bill Pay
    - Positive Pay Reporting
    - Wire Transfer Initiation
  • Account Transfers
  • Balance Reporting
  • Check Imaging
  • Customized home screen and account alerts
  • E-Statements
  • Exportable Account Details
  • Initiate Stop Payments
  • Individual User IDs and Passwords
  • Loan Payments
  • Real-time Reporting