FDIC-Insured - Backed by the full faith and credit of the U.S. GovernmentBusiness
Improve your cash flow, improve your bottom line
Our secure cash management solutions are designed to help businesses improve collections, investments and disbursement of funds. But the best part about our tools is the team that stands behind them. Our Cash Management team is ready to meet, share strategic advice, set-up and train you on all services, at your place of business or virtually.
While working with the Bank’s lending department, we were introduced to the Cash Management team who listened intently to our needs. Within days they proposed cash management tools that would be beneficial to us. They literally climbed behind my desk to install the check reader for me, talk about service!
–Bonnie Boothroyd, TrueFlow
ACH Origination — need to securely collect and disburse payments? Our web-based Automated Clearing House (ACH) tool enables a business to electronically collect and distribute money from any bank account in the United States.
Payee Positive Pay — provide protection against check and ACH fraud activity by monitoring checks and electronic debits processed for payment, so you can reject unauthorized transactions before losses occur.
Visa® Debit Card — empower those who make purchases for your business with our Visa Business debit cards. With EMV and Contactless payment technology, our debit cards are safer to carry than cash, more widely accepted than checks, and honored at millions of merchants and ATMs to give your business the ability to go. Connect your card to Apple Pay®, Google PayTM, or Samsung Pay to expand your contactless payment options, and download our Smart Card App for added control and alerts on all cards linked to your account.
Heartland Payroll — free yourself from the back-office grind with Payroll services offered by Heartland, a Global Payments Company. Heartland Payroll Processing is flexible and easy-to-use to accommodate all of your payroll needs, from people management to tax rates, all while avoiding errors and eliminating confusion.
Merchant Credit Card Processing — looking to increase your bottom line? One great way is to begin accepting credit and debit cards via the Internet and wireless terminals, using Merchant Services from Heartland, an industry leader in innovative merchant services and payment processing.
Remote Deposit Services — looking to skip the daily trips to the bank? We’ll come to your place of business to install a check scanner, so you can deposit checks from your desk to a Chelsea Groton Bank account. Funds are typically available the same day they are deposited.
Online Banking — our new online and mobile platform is more user-friendly than ever. Business customers can deposit checks and send wires from anywhere they have a secure connection.
Online Entitlements — grant trusted employees the ability to share in the management of payables and receivables.
Online Wire Transfers — through Chelsea Groton’s online Wire Transfer Service, business customers are able to send domestic and international one-time and recurring wires directly within online banking. Real-time, secure emails can be set up to confirm the details of incoming wires.
There’s no comparison to what the [Positive Pay] costs are if you have a [fraud] problem. I’m not a computer guru, but I can tell you that it’s user-friendly…You click on what you want to approve, you hit save and then you’re done! It’s not that complicated, and for the short period of time it takes, it is certainly worth the security.
– Peter Disch, The Disch Group
Want to talk about how we can help you with cash management? Contact a member of our Cash Management team below, stop by your local branch, or call 860-448-4295.
Cash Management Team
