Cash Management Solutions
You know the value of smooth cash flow. We have the tools and the cash management professionals to make that happen for your business. No matter your size or location, put Northern Bank to work for you.
Secure online and mobile banking for your business
Breathe easy. Every Northern Bank Business account can include 24/7 secure web and mobile access, with enhanced security and convenience. These are just a few of the ways we keep your business' finances secure:
- Unique logins for employees;
- “Out-of-band” authentication for users;
- Positive Pay service to mitigate check fraud;
- Complimentary Trusteer Rapport security software
Connect with a Cash Management Specialist
Enroll in Business Online Banking
Incoming Cash Management - save and get paid faster...
However your customers want to pay you, Northern Bank’s Cash Management team has the solutions to get it in your account faster, at lower cost:
...by check...
Receiving a lot of checks? Simplify your business with:
...in cash...
For many gas stations, quick service restaurants and other businesses, cash is still king. In partnership with a leading Armored Carrier, we provide Smart Safe - a secure, connected on-site cash vault that saves you time, money and reduces your risk of cash losses.
- Save time, reduce bank cash handling fees and reduce risk of theft
- Deposit excess cash on-site, at any time
- Receive next business day credit to your Northern Bank account, even if the cash is still in the safe
- Schedule periodic pickups at your convenience
...by card...
More businesses and consumers are paying with credit and debit cards. Northern Bank’s Merchant Services offer great, interchange-plus rates on card processing, next business day deposits, the latest EMV-ready technology and customer service you can count on.
...by ACH (Automated Clearing House)...
Businesses are increasingly migrating to ACH origination to consolidate cash across their businesses, or collect electronic payments from customers. We also offer Same Day ACH* for faster payments.
With Same Day ACH, your payments could be received by the end of the day they are sent. Sending ACH payments is easy and secure with our business online banking. Contact us today to enroll.
*Subject to approval. Limit of $100,000 per transaction. Additional fees apply.
Outgoing Cash Management - save time managing your payables...
Your time is precious. Let our Cash Management team help you save time and money in managing your accounts payable.
...online wires and ACH...
Save time – manage your wire and ACH payments online with Business Online Banking
...easy reconciliation...
Simplify your reconciliation process with easy downloads to most major accounting software programs
Optimize your cash flow - Zero Balance and Sweep Accounts
Save time and earn more on your deposit balances
Use our Zero Balance Account Service to automatically fund one account from another as needed, eliminating the need to make transfers yourself
With Cash Management Sweep Service, excess business checking balances can be used to earn interest at a competitive rate
Connect with a Cash Management Specialist
Northern 1031 Exchange - prepare for your next property
Selling a business or property? Northern 1031 Exchange's specialists can help craft a custom solution to manage the tax consequences of your transaction, freeing you up to focus on your next opportunity.
Connect with an Exchange Specialist
Northern Bank, including its subsidiary Northern 1031 Exchange, LLC does not provide tax, legal or accounting advice, nor can we make any representations or warranties regarding the tax consequences of your exchange transaction. We strongly encourage you to seek appropriate professional advice regarding your specific facts and circumstances.
