Made local and managed local.
Cash Management with The Merrimack.
Move your business banking into your community, and get one-on-one service specific to your industry, goals, and service area.
As business ownership increases in popularity and competitors enter the market, you need the edge of a local team to help you keep up. Now is the perfect time to switch your Cash Management and business accounts to The Merrimack. We’ll manage your cash flow, so you can manage your business, your customers, and your goals.
Cash Management
Cash Management is a separate online banking platform to help you manage your business accounts. It offers options for processing Automated Clearing House (ACH) transactions, such as direct deposit, accounts payable and receivable, Electronic Federal Tax Payment Systems (EFTPS), and/or payment collection for rent, dues, and more. Repetitive wire services allow you to initiate wires you send to the same customers regularly without needing to visit a branch.
Our Business Development Local Experts will:
- Welcome the opportunity to meet you in person, train you on our systems, and help you understand any of our products and services
- Troubleshoot any problems you encounter until they are resolved
- Provide direct, person-to-person contact information via cell phone and email
- Assist you with establishing new accounts (Checking and Savings Accounts, Money Markets, etc.) and provide maintenance, including signer changes
- Establish shadow accounts that directly relate to Intrafi Sweep Products
- Work to eliminate the need for you to physically enter a branch with Absent Account Holder Forms and information gathered via secure email
At The Merrimack, we take pride in providing our fellow local businesses with the tools and services they need to thrive. Our proven Cash Management solutions work for all types of businesses, including sole proprietors, LLCs, non-profits, and large corporations.
Our Business Development Team will make certain that our proven Cash Management solutions are working for your business to:
- Improve cash flow for increased profits
- Streamline your financial operations
- Reduce the risk of fraud and errors
- Give you access real-time data and insights to make informed financial decisions
- Save you time and resources with automated solutions
- Keep your business competitive
- Provide you with peace of mind
Your home for all things business banking.
At The Merrimack, we pride ourselves on being your full-service business banking partner with convenient services that make you feel like you have a partner through it all, because you do.
Positive Pay
Cash Management customers can enjoy automated fraud detection with Positive Pay. This service matches the account number, check number and dollar amount of each check presented to the Bank for payment against a list of checks you previously authorized and issued by your business.
Sub-Accounting
Our sub-accounting feature transforms budgeting by automating the organization of crucial expenses. Create custom sub-accounts to earmark funds for payroll, supplies, taxes, escrow, emergencies & more. Stay prepared and take control today.
Lockbox
With lockbox services, you’ll enjoy faster cash conversion, reduced processing costs, and advanced security. Lockbox streamlines payment processing by securely directing your customer’s payments to a designated post office box. Everything is handled for you – from retrieval and processing to depositing funds into your account.
Business owners just like you, use The Merrimack
The Merrimack has been an invaluable partner in detecting and preventing banking fraud. When we experienced a breach, their team responded quickly and worked closely with our staff to set up new accounts and close those that had been compromised. They also helped us implement Positive Pay across multiple accounts, ensuring that all checks and bank drafts are legitimate and valid. We receive timely alerts for potential fraud attempts and can easily approve or deny flagged transactions online. The team at The Merrimack is wonderful to work with and provides excellent customer service and true peace of mind.
Enjoy simpler business banking with a truly local team of experts. Switch to The Merrimack today.
