Treasury Management

In order for your business to run smoothly, all of your financial resources must work together.  Whether you’re looking for increased efficiency in one area, or complete integration of your receivables, payables and liquidity management, Patriot Bank’s Treasury Management Services is prepared to help.

Our range of ‘a la carte’ treasury management services allows us to tailor packages according to your business requirements.  Our goal is to leverage more control over your cash flow, reduce borrowing costs, increase your day-to-day efficiency and help you manage risk.

Online Banking

Staying on top of your banking transactions can be challenging – especially in today’s fast-paced environment.  You need a system that keeps you informed of account balances and allows you to perform a variety of transactions quickly and accurately – even when you’re away from the office.  Banking Online lets you:

  • Immediately access your company’s banking information.
  • Effectively manage and automate your daily cash flow
  • Customize your options and leverage 100 percent of your excess funds to invest, minimize interest, or pay down debt.
  • Access Transactional History, View Check Images or Search for Specific Transactions
  • Receive account alerts and statements electronically
  • Place stop payments by amount, check number, or date

Automated Clearing House (ACH) Origination 

ACH gives you greater control of your available funds, so your money works for you. Automate your payment process and lower transaction costs using ACH services.

Wire Transfer

We offer secure options to transfer US funds domestically and internationally, along with the flexibility to establish repetitive wire templates for payees you wire to frequently.

Positive Pay or ACH Block/Filter

With losses from check and ACH fraud reaching into the billions, fraud control is a major concern for companies everywhere.  Our Positive Pay or ACH Block/Filter Service provides you wtih the confidence that only the checks or ACH you authorize will be paid.

Patriot FreedomLink™ Remote Deposit

Patriot FreedomLink™ lets your company utilize our desktop scanner to deliver your check deposits through an electronic connection, reducing maual effort and giving you the freedom to deposit from your office. This service lets you:

  • Receive funds faster
  • Say goodbye to inconvenient bank visits to make deposits
  • Eliminate deposit slips
  • Improve efficiency and profitability

We support the current and prior major releases of Internet Explorer, Firefox, Safari, and Google Chrome.  Note that utilizing older browsers may result in disabled functionality or limited access to services.  Currently, Patriot FreedomLink™ is only compatible with Internet Explorer 9 or higher.

Wholesale Lockbox Services

Account receivable processing can be a time consuming task.  Our automated Lockbox Service offers an efficient and reliable process for depositing and posting your paper receivables. With lockbox service, all of your payments come directly to the bank through the mail and are posted into your account on the date of receipt, eliminating the daily sorting and payment preparation. A daily report of activity and images of checks and/or remittances is available online for updating your receivable file.  To access the report and images click here.

Merchant Services

Expand your customers’ payment options, simplify your business operations, and increase revenue with Merchant Services. Our card processing solutions enable your business to accept all major credit and debit cards safely and securely. Convenient, comprehensive reports detailing transaction activity and daily settlement information can be accessed online. Click here for Patriot Bank merchant services.

Zero Balance Accounts

Optimize your funds with Zero Balance Accounts (ZBA). This allows you to keep a zero balance in some accounts, such as petty cash or payroll, and a higher, predetermined balance in other accounts, like an operating account or money market. ZBAs maximize efficient fund usage by pooling cash resources and are used in conjunction with other sweep accounts.

Commercial Banking Resources

Cash Management Guide (PDF)

Scanner Interface Conversion_April 2015_ (PDF)

FreedomLink® and Treasury Management Services customers are subject to approval, must complete an application, and agree to terms and conditions.

Services may be subject to approval and additional restrictions, fees and limitations may apply.  Talk to a banker for details.