Treasury Management Services

Streamline Payments and Protect Your Business

Whether it’s collecting payments, distributing payroll checks, or protecting your business from fraud, any business can benefit from effective treasury management services. At Union Bank & Trust, we offer treasury management services that simplify and streamline internal processes. This allows you to collect and distribute payments more efficiently while also improving your cash flow.

Call 612-379-3222 to connect with the Union Bank & Trust commercial banking team to discuss how treasury management services can help your business.

Our Treasury Management Service Offerings

Treasury Management Service
Automated Clearing House (ACH)
What You Need to Know About This Service	Simplify the way you make and collect payments with ACH services. These services allow you to distribute and collect payments electronically. This means you’ll have a more accurate view of your account balances while also improving cash flow.
Zero Balance Account
What You Need to Know About This Service	A zero balance account automatically transfers funds all funds, at the end of the day, from a master account to another account of your choosing. This allows you to optimize cash flow, ensures efficient fund allocation, and reduces the need for manual transfers.
Direct Deposit
What You Need to Know About This Service	Ensure your payroll checks are delivered on time with direct deposit. This is not only a great benefit for your employees, but streamlines your payments and gives you a clearer picture of your finances because you don’t have to wait for the employee to deposit their check.
Positive Pay
What You Need to Know About This Service	Positive pay provides an extra layer of security to prevent check fraud against your business. You will submit a list of authorized checks to be deposited. Any checks that aren’t on that list are flagged for you to review.
Wires
What You Need to Know About This Service	Wire transfers allow you to collect payments and send funds both domestically and internationally via our secure online banking platform.
ACH Alert
What You Need to Know About This Service	ACH Alert provides an extra layer of security to prevent ACH fraud against your business. You can create an exemption list based on how often and how much certain vendors are to withdraw funds from your accounts. And any ACHs that are not on that list are flagged for your review.
Commercial Bill Pay
What You Need to Know About This Service	Commercial Bill Pay is an economical option for paying multiple vendors throughout the month. It includes paying up to 20 items via ACH or paper checks every month, with the base fee.

Treasury Management Service	What You Need to Know About This Service
Automated Clearing House (ACH)	Simplify the way you make and collect payments with ACH services. These services allow you to distribute and collect payments electronically. This means you’ll have a more accurate view of your account balances while also improving cash flow.
Zero Balance Account	A zero balance account automatically transfers funds all funds, at the end of the day, from a master account to another account of your choosing. This allows you to optimize cash flow, ensures efficient fund allocation, and reduces the need for manual transfers.
Direct Deposit	Ensure your payroll checks are delivered on time with direct deposit. This is not only a great benefit for your employees, but streamlines your payments and gives you a clearer picture of your finances because you don’t have to wait for the employee to deposit their check.
Positive Pay	Positive pay provides an extra layer of security to prevent check fraud against your business. You will submit a list of authorized checks to be deposited. Any checks that aren’t on that list are flagged for you to review.
Wires	Wire transfers allow you to collect payments and send funds both domestically and internationally via our secure online banking platform.
ACH Alert	ACH Alert provides an extra layer of security to prevent ACH fraud against your business. You can create an exemption list based on how often and how much certain vendors are to withdraw funds from your accounts. And any ACHs that are not on that list are flagged for your review.
Commercial Bill Pay	Commercial Bill Pay is an economical option for paying multiple vendors throughout the month. It includes paying up to 20 items via ACH or paper checks every month, with the base fee.

Treasury Management Resources