Maximize Your Income on Cash Balances

One of the benchmarks to success is putting your cash to work in an efficient manner. 

Our state-of-the-art technology is delivered in a nimble fashion, and with a level of personal service you won’t find anywhere else. 

Bay Cities’ knowledgeable staff will design a customized cash management plan to keep your money working for you.

Products we offer include……….

Cash Sweep Account

            Bay Cities Bank is making available to select business customers a powerful cash management tool – The Cash Sweep Account.  This automatic investment solution, offered through Reserve Management  Corporation allows you to earn a competitive yield on your excess business checking account balance that would otherwise be sitting idle. The sweep account uniquely combines a business checking account with  the ease of automatically investing excess cash in an interest-bearing sweep account, with an added measure of security with FDIC Insurance coverage of up to $100,000 for each depositor.

Loan Sweep

            Excess checking balances applied to your Line of Credit to prevent unnecessary interest charges.  Automated funding from your Line of Credit to your checking account prevents overdrafts and associated fees.

Remote Deposit

            Make deposits to your bank account electronically without ever leaving your place of business.

Escrow Management Services

            Do you manage funds for your clients?  Let us do the “heavy lifting”. Features include precise sub-accounting and 1099 preparation.

Lockbox Services

            One of the most efficient ways to collect your receivables and accelerate the deposit process.  Reduce payroll costs associated with time-intensive clerical handling of payments and gain faster access to your money.

Merchant Services

            Increase sales with ease and security through our merchant credit card processing.  No complicated fee structure – just simple pricing backed by unsurpassed service.

Online Banking

            Secure online access, stop payments, transfers, bill pay, check images and access to loan accounts.

 Automated Clearing House (ACH)

            The perfect balance of give and take.

                         Direct Deposits – A solution that works for everyone.  Save on set-up fees, the cost of paper checks plus employees will have immediate access to funds.

                         Direct Payment Service – It’s the fastest, easiest, most convenient way to collect recurring fees, memberships, rents, even charitable contributions.

If you would like further information regarding any of these Cash Management services, please contact us.  We will be happy to answer any additional questions and assist you in completing any necessary applications.