Treasury Management

Community Advantage® offers a suite of products and services to assist associations in managing their cash and operations. We provide Treasury Management services that allow you to minimize internal administration and maximize use of excess funds. Because different associations have different needs, our treasury management services are flexible and custom-designed for you.
 

COLLECTION SERVICES

With today’s technology, a bank does not have to be next door in order for you to make deposits. For example, you can utilize our sophisticated lockbox services by having your monthly payments sent directly to the bank for processing. We offer a number of collection services to meet your company’s specific needs:
• Retail and wholesale lockbox services
• ACH Collection (Automated Clearing House)
• Remote deposit image capture
• Credit card processing of assessments (Visa®, Mastercard® and Discover®)
• Affiliate Banking program

DISBURSEMENT SERVICES

From the traditional paper checks to electronic transactions, we have the capabilities to provide you with individualized disbursement services:
• Corporate credit and debit cards
• ACH payment
• Online bill pay
• Domestic and international wire transfer services

ACCOUNT MANAGEMENT SERVICES

We provide a variety of account management services to help you maximize efficiency:
• Zero balance accounts
• Account reconciliation
• CheckManager Plus®
• CD-ROM image service (E-Statements)
• Association deposit accounts
• Debit Block

ONLINE BANKING SERVICES

To meet the financial needs of our clients, we have developed i-BusinessBanking™, an integrated, web-based treasury management application. i-BusinessBanking provides 24-hour access to an extensive array of account information. Many of the below services are also initiated through online banking:
• Balance reporting
• Transaction reporting
• Customer-initiated account-to-account transfers
• ACH templates for direct debit payment processing
• Bill payment
• Tax payments
• Online retrieval of bank statements

If you have any questions or would like more information on any of these services, contact one of our Trusted Industry Experts at (847) 304-5940 or email service@communityadvantage.com.