Cash Management : Business

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Our Cash Management team can design a package of services to make your job easier, your relationship with the bank enjoyable, and to help ensure the most efficient use of your financial resources. It is our objective to provide American Bank’s full resources to optimize yours. In addition to our business checking and savings accounts, electronic banking and business lines of credit and loans, we offer the following services:
Digital Deposit Deposit checks right from your computer -- without ever going to the bank. Using a small scanner that sits on your desk top, you can scan all of your checks. Then, user-friendly, easy software creates a deposit ticket and sends your balanced deposit directly to us for credit the same day. Plus, you get detailed reports for future reference and research. For more information and a demonstration, contact Cash Management. Lockbox Processing Your accounts receivable payments are sent directly to a special, designated bank post office box, where they are recorded and deposited to your account the day they are received. ACH Origination (Direct Deposit) With automatic and paperless payroll payments, you can save time and money and prevent lost or stolen checks. ACH Origination (Funds Collection) This service makes it possible for you to set up automatic draft payments from your customers on funds due to your business. Electronic Data Interchange (EDI) With EDI, your payments and collections are electronically initiated and processed, and are accompanied by the information (addenda record) applicable to the transaction. Visa/MasterCard Merchant Processing & Point of Sale (POS) With American Bank as your credit card processor, you receive seamless collection along with low transaction fees. And you can purchase electronic processing equipment on a 12- or 24-month interest-free payment plan. Add POS capabilities to use debit cards or ATM cards for very little cost. EFTPS (Electronic Federal Tax Payment System) If your business is required to make electronic tax payments, American Bank can help you set up the ACH Credit option for these payments to the IRS. Wire Transfer You may electronically transfer funds between financial institutions quickly and efficiently with wire transfers. Banking Hours/Same Day Credit Banking hours are important because they allow you more time to do your job and still get to the bank to receive credit for your deposit that day. The Mini-Bank and Motor Bank at our location at 5120 S. Padre Island Drive, Corpus Christi, are open from 7:00 a.m. to 7:00 p.m. for same day credit Monday through Friday. These and most other branch locations are also open from 9:00 a.m. to 1:00 p.m. on Saturday and on most holidays for next business day credit to your account. View hours for all locations. Night Drop Services You can safeguard your deposits overnight or over the weekend by using our night drop service. View branch locations. Health Savings Account A Health Savings Account (HSA) is an interest-bearing checking account and personal savings arrangement, for individuals and families who are covered by a high deductible health insurance plan (HDHP). A Health Savings Account allows tax-deductible contributions and tax-free distributions when funds in it are used to pay for qualified medical expenses. Want more information about Health Savings Accounts in general? Visit www.hsainsider.com. If your company currently offers HSAs to its employees, or is interested in setting up the program, and you would like more information about American Bank's HSA account, please contact one of our Cash Management specialists at 361-992-9900 or 1-800-257-8316 toll free.
For more information about cash management services and pricing please call 361-992-9900 or send us an e-mail. The cash management team is located at American Bank Shoreline, 100 One Shoreline Plaza South, Corpus Christi.