BusinessBlue Banking Services
We are your one-stop resource for what you need to run your business right. Our rock-solid financial strength and our commitment to local, personal service make us the perfect partner when it comes to managing your business. We know that your time is vitally important, so we offer a variety of services to help make banking easy and efficient for your business. Your Relationship Banker is ready to walk you through these options and help put them to work for your business.
BUSINESS eBANKING
Minimize your expenses and maximize your revenue through online services.
In order for your business to flourish, you need convenient banking solutions that will help you take control of your finances and manage your cash flow. Citizens National Bank's Business eBanking system gives you access to all of the financial information you need to operate your business as efficiently as possible.
No matter what time or day it is, you can access your account information and execute a variety of transactions to keep your business running smoothly. You'll also have the peace of mind that comes from knowing that our system provides one of the highest levels of security available.
Use Business eBanking services to:
See all your current account information – checking, savings, and loans – in a single view. View up-to-the-minute pending and posted transactions. Transfer funds between multiple business and personal accounts. Access business and personal accounts under one profile. Access online statements and check images. Download account transactions into your preferred accounting software.
Your Relationship Banker is happy to demonstrate CNB’s Business eBanking services for you and show you how easy it is to manage your business's cash flow from your desktop computer, laptop, or wherever you have online access. Contact your Relationship Banker to arrange a time that’s most convenient for you to learn more about this valuable service.
ACH Origination
Save time and money by processing your employee payroll and bill payments electronically or concentrating funds from accounts you own at other financial institutions.
At Citizens National Bank, we want to do everything we can to help you streamline your payroll and vendor payment processing. ACH (Automated Clearing House) Origination is a process whereby you electronically transmit a file which contains information pertinent to the movement of funds between accounts. ACH is commonly used to expedite direct deposit of payroll, pay bills, concentrate funds from other financial institutions, or collect membership dues. If your business is still sending and receiving payments via paper checks, Citizens National Bank can help you save money and time with the options below.
ACH Direct Deposit
Electronic Payment Solutions
Contact your Relationship Banker to learn more about ACH and other forms of electronic processing.
Positive Pay
Win the fight against check fraud with Positive Pay.
Check fraud is on the rise due to today's advanced technology that makes it easier than ever to replicate your checks. Small businesses are especially vulnerable to check fraud. However, you can be proactive by adding preventative services to your Citizens National Bank accounts. Our Positive Pay service can effectively help your business from becoming a victim of check fraud.
How it works.
You easily create a data file for each check. As you issue checks, you create an online data file with the issue date, serial number and dollar amount of each check. You then electronically send us your issue data file.We verify the checks. We utilize your issue data to verify the checks that have posted to your account. Non-matching items are reported via a Positive Pay Exceptions Report for your review and payment decision.We send you an Exceptions Report. Your Positive Pay Exceptions Report is available to you by 7:30 AM each morning via our online Business eBanking You decide about payment of each check. Simply make your pay or no-pay decisions online by 9:30 AM.We protect you from over-the-counter fraud. We will even verify checks if they are cashed over the counter at our banking offices. We match these checks against your issue data which is a feature many banks don't offer.
Features and Benefits
Fraud control - Dramatically reduce the possibility of check fraud. You get enhanced ability to identify and return fraudulent items, including payee name suspects. We work with you to verify that you have actually issued the checks that post to your account.Check verification - All checks presented for payment are verified; including checks presented at our banking offices. Positive Pay also protects your business against lost or stolen checks and prevents payments for duplicate checks or stale dated checks.You decide whether to pay a check or not - Make decisions about whether to pay or return exception items. CNB’s Business eBanking Exception options - In addition to check number and dollar amount, you have the added protection of mismatch, duplicate and stale dated items included in your exceptions report.
Contact your Relationship Banker to learn more about Positive Pay.
Online Wire Access
Wire transfers are the fastest method for transferring funds. With online access you can initiate wires from your office.
eDEPOSIT
Conveniently make deposits through our remote deposit capture service without ever having to leave your office.
At Citizens National Bank, we know your time is valuable, and it may be difficult for you to get to the bank to make your deposits. That's why our remote deposit capture service is the perfect solution for so many of our commercial customers.
With eDeposit, all you need is a high-speed Internet connection and our easy-to-use desktop scanner and software. You can scan and upload your check images so they can be sent electronically to the bank for deposit into your account. Throughout the process, multiple security features are in place to guard against unwanted access to your data.
eDeposit can help your business:
Save time and money by eliminating trips to the bank to make deposits.
Transmit deposits multiple times in one day if needed.
Deposit funds into your account faster.
Deposit all your funds into one or more accounts at Citizens National by using a desktop scanner in all your store locations.
Enjoy same-day credit for deposits made by 6 p.m. Central Time.
See check images on your computer immediately, and search for images from the past 90 days.
Reduce the likelihood of fraud by reducing the number of employees who handle deposits.
Your CNB Relationship Banker welcomes the opportunity to tell you more about eDeposit and provide you with a free demo of the system at your office.
Business Sweeps
Move funds automatically to improve ability to predict cash flow, avoid overdrafts, pay down debt, and take advantage of investment opportunities.
At Citizens National Bank, we understand that coping with the daily fluctuations in your business's cash flow requires a lot of time-consuming decisions on your part. Let our fully automated Business Sweeps cash management solution make the process much easier for you and help put your cash to work for your business.
How does it work?
At the end of each business day, a business sweep calculates the net available balance position in your commercial checking account and then compares the result to a predetermined target balance.
If your net cash position is greater than your target balance, a business sweep automatically uses the excess funds to pay down your line of credit or transfers excess funds into an investment vehicle that you select.If your net cash position is less than your target balance, a business sweep automatically transfers funds from your chosen investment vehicle to cover the shortage or borrows the necessary funds against your line of credit.
Loan and investment sweeps utilize the most up-to-date technology to help your business operate efficiently. This process is very simple for your CNB Relationship Banker to set up for you.
Merchant Services (Credit Card Processing)
Process credit and debit cards of all types. Increase sales volume and ticket size by offering the convenience customers expect in today's market.
In today's retail environment, few businesses can operate without the ability to accept debit and credit cards. At Citizens National Bank, we don't want you to miss out on a single sale in your business, so we are pleased to provide you with complete merchant services. You can accommodate your customers' wishes to use plastic as their preferred payment method and boost your revenue at the same time. You can also reduce the payment risk that is often associated with the acceptance of checks.
Take advantage of Citizens National's merchant services and enjoy:
Increased sales and accelerated cash flow
Processing solutions for all major credit and debit cards including fleet cards
Online access so you can view your daily transactions as well as your most recent merchant statement
24/7 technical support
All types of processing, including Apple Pay™
Your Relationship Banker is eager to learn more about your business and provide you with merchant services that are customized to your business's specific needs. Contact your Relationship Banker to discuss applying the debit and credit card process to your business.
Business Payables (Visa Business Card, Visa Purchasing Card with ePayables)
Get credit cards for owners and employees with centralized billing or individual billing options. Assign card limits and merchant category codes. Respond to cardholder needs in real time.
For payables and expenses, CNB’s business debit and credit cards serve as excellent expense management tools for your business. With several options to choose from, these are certain to make managing your business payables more efficient while eliminating check fraud.
FREE CNB Business Debit Card Other charges may apply such as Returned Item/Overdraft and Third-Party ATM fees.
Our CNB Debit Card provides you with the ultimate in banking convenience by providing access to your cash anytime at the ATM and eliminating check approvals when making purchases for your business in stores or online. Take advantage of:
No interest charged on your purchases
Up to 10 cards for authorized employees with the ability to set spending and cash withdrawal limits
Easy record keeping with itemized statements
24/7 access to your cash at the ATM
Savings on paper checks and fees by reducing the number of checks you write
Visa Business Cards
Enjoy increased efficiency using your Visa Business Cards to make day-to-day purchases for your business. Multiple cards can be assigned to your employees and a monthly statement allows easy tracking of expenses. Take advantage of:
Card options available to suit your individual business needs including a cash back option
Centralized billing statements to monitor travel and entertainment expenses
Choose the day of the month that your statement is generated
Worldwide acceptance at more than 27 million locations
Visa Purchasing Card
Streamline the financial management process of your business by using the Visa Purchasing Card Program. Designed to help businesses manage travel and entertainment costs, procurement and fleet expenses, you’ll have a web-based management system that puts you in complete control of your account and cardholders in real time 24 hours a day, 7 days a week! Take advantage of the ability to:
Tailor payment options to make reconciliation easier and more efficient for large or small companies
Set spending limits by department, division and employee
Restrict card use to specific types of purchases
Integrate procurement and spending data directly into your financial system
ePayables - Virtual Card Payments
Reduce expenses and improve cash flow with our automated Visa Purchasing Card payment solutions. Pay your suppliers with virtual credit cards accompanied with remittance information generated through our user-friendly Accounts Payable interface. Take advantage of:
Suppliers receive immediate payments of guaranteed funds
Reduce the risk of check fraud by eliminating checks and the cost of check processing
Batch payments can be made in one file upload
Cash back on payment volume
Free up working capital with billing cycle options
Contact your Relationship Banker to learn more about Business Payables.
Lockbox Solutions
Expedite payment processing and simplify your accounts receivable administration. Ideal for a variety of businesses, especially those in healthcare.
Take advantage of faster payments processing and maximized cash flow with CNB’s comprehensive lockbox solutions. These solutions will simplify your accounts receivable administration and lower staff costs.
Healthcare Revenue Management
CNB has the prescription to connect your practice to a HIPAA/HiTech compliant online archive. This comprehensive, web-based service provides the conversion of paper EOBs to 835s, ERA consolidation, and payment matching. Take advantage of:
Processing and image capture of payments and correspondence
Same day deposit and deposit notification
Recognition and extraction of detailed patient information from the EOB
Reconciliation of the remittances to the claim and payments
EOB data converted to 835 file or other supported file formats
Extensive, user-friendly online portal to search for claims, remittances and payments
Online reports for both the provider and/or a billing company
Secondary billing opportunities
Denial management tools
Administrator interface that protects private health information
Wholesale and Retail Lockbox
CNB offers a more sophisticated and flexible solution to your receivables processing. Take advantage of:
Daily emailed deposit notifications allowing for daily reconciliation
Payments directed to a CNB managed PO Box
Reduction in efforts to post payments back to billing system
Eliminate the task of individuals manually posting payments
Improved cash flow
Payments viewed online – no more pushing paper!
Image archive available for research and review
Contact your Relationship Banker to learn more about Lockbox Solutions today.
