Cash Management

Ephrata National Bank offers a full suite of flexible cash management services. With expert guidance from our team, you’ll maximize cash flow and gain more efficiency for your business.

See below for more information about our services.

Collection Services

• ACH Collections. No more waiting for checks to clear. By gaining authorization, your business can debit funds from customer accounts and streamline the collection process.
• ZipDeposit (Remote Deposit). Deposit checks easily and securely from your business location. Learn more about ZipDeposit
• Credit Card Processing. Customized payment processing products and services are tailored to meet the needs of each business. Learn more about Credit Card Processing
• Deposit Courier Services. If your business uses nontraditional means of transportation and you can’t come to us, we’ll come to you. Our deposit courier service gives you faster access to your money.

Concentration Services

• Zero Balance Accounts. ZBAs are an easy, convenient way to automatically consolidate funds into one account – allowing businesses to streamline operations, fund disbursements, or invest funds.
• ACH Concentration. Businesses with multiple locations may find value in using local depositories and then consolidating monies into a centralized account using ACH.

Disbursement Services

• ACH Payments. ACH disbursement is a way to manage your available funds. You control when the payment is processed. Payments are deposited directly into your vendor or customer accounts, reducing costs associated with check writing.
• Direct Deposit of Payroll. By paying employees through direct deposit, you eliminate the need to print checks. Employees also get their pay quicker – a win-win for all.
• Outgoing Wires. Initiate outgoing wires through ENB online banking, direct contact with the wire room, or in person at any ENB branch.
• Business Credit Card. ENB offers a variety of business credit cards to meet your needs. Learn more about Business Credit Cards
• Online Bill Payment. With ENB online bill payment, you save time and money. No more searching for stamps or running to the Post Office.

Investment/Loan Services

• Cash Sweep. The DDM^SM Program Sweep – For clients interested in liquidity, return, and access to FDIC insurance on their excess funds.
• Line of Credit Sweep. Customers may realize operational efficiencies and interest expense savings by automatically moving funds daily to or from the line of credit depending upon your cash position.

Fraud Prevention Services

• ACH Debit Block. All ACH debits are returned prior to posting.
• ACH Positive Pay. Authorized ACH transactions are processed. However, should an unauthorized ACH be presented, you can decision the transaction.
• Positive Pay. Reduce the potential for check fraud with Positive Pay. The system verifies daily transactions against check issuance information and provides an exception list for client review.
• Reverse Positive Pay. No check issue file is provided so all check transactions require a daily payment decision.