Information Reporting
Timely and accurate access to account balances and payment transaction detail is crucial to managing
your business. First PREMIER offers a number of solutions that provide a convenient and secure way to
monitor your incoming and outgoing financial activity.
Account Analysis/Account Reconciliation – First PREMIER's Account Analysis is an easy-to-read solution
to itemize and summarize your deposit account activity. Account Reconciliation Services greatly reduce the
time-consuming clerical portion of the reconcilement process and strengthen internal cash control.
Online Statements - are a great way to organize your financial life. You can view your statements online eliminating the need to shuffle paper every month.
CD Imaging – provides you with check /deposit images on a CD for a secure, long-term archive of
account information. This service reduces research expense and reduces off-site storage needs.
Electronic Data Interchange (EDI) – provides the capability for translation of ACH data records into
meaningful information, when received with ACH transactions.
Business Online Banking (BOB) – provides online ability to monitor transactions, find current balances,
and other account information on an on-going basis.
Positive Pay – allows for tracking of paid checks against issued checks on a daily basis.
Funds Management
Identifying and putting your idle funds to work for you is key to effective funds management for your
business. Check out the various
Business Checking options First PREMIER Bank has available to
your company and then put the following services to work for your company and your money.
Zero Balance Account (ZBA) – eliminates excess deposited balances by precisely funding your accounts.
Sweep Account – provides a convenient way to maximize the return on end-of-day excess cash positions
in your company's account. Surplus balances from your operating account are automatically invested
overnight. Funds are then transferred back and forth as necessary to cover checks and invest new excess
funds so that every extra investable dollar is working for you.
Contact us for more information.