Managing

Managing funds is just a click away!

We provide businesses with the information and technology to view, track, and manage their day-to-day cash position.

Account Analysis

At Heartland Bank, we provide all of the right tools to help you manage your day-to-day business operations. One such tool is Business Account Analysis. If you have multiple accounts, or one account with a high volume of transactions, you may benefit from Account Analysis!

  •  Calculates and reports your monthly activity charges to help you better manage your Treasury Management relationship
  • Offers a monthly statement that summarizes monthly account balance and activity information
  • Provides statement electronically through our Online Banking service

Commercial Account Manager (CAM)

Streamline banking transactions with high security standards! CAM gives online access to business accounts with added layers of security. Using a personal ID, password, and secure token (pictured), CAM verifies each user’s identity before account access is granted and allows monitoring of individual user activity. Viewing, reporting, and transacting privileges can be as limited or encompassing as necessary.

Transaction options include:

  • Review account status
  • Set balance alerts
  • Reconcile payments
  • Place stop payments
  • Initiate Domestic Wire Transfers
  • Administer ACH Direct Deposit / Direct Debit

Electronic Data Interchange Reporting

Automated Clearing House (ACH) payments that come into your account may come with other addenda information attached to it, such as invoice numbers, account numbers, or special instructions. Using Heartland Bank’s Electronic Data Interchange (EDI) service, you will receive the remittance detail, allowing you to post your incoming payments quicker – saving you time and money!

Paid / Deposit Reconciliation Services

Reconciling a business account can take many hours. Save time when balancing your checking account with our Account Reconcilement Services. We can perform a full reconciliation for you or provide you with a report of checks paid or a listing of deposits by store or office location.

CD Statements

As a business checking or savings account customer at Heartland Bank, you have the option of receiving your monthly statement on a CD. The CD contains easy-to-use software that will allow you to view your statement and so much more!

  • View, print, and save digital images of your checks, front and back
  • Copy your statement into another software program, such as Microsoft Word or Excel
  • Sort items by values, check numbers, or dates
  • Search for items by values, check numbers, or dates

Your CD Statement will arrive in the mail each month. Fill out and return this form to receive CD Statements.

eStatements

Receive your statements faster. No waiting for mailed statements!

Fraud Prevention

These services:

  • Save time
  • Provide fraud protection
  • Increase control

Positive Pay

With the sophistication of today’s computers, printers, and scanner technology, it has become easier for counterfeit checks to be created. Adding Positive Pay to your business checking account can assist you in preventing check fraud by:

  • Catching a duplicate item before it can clear your account
  • Discovering a dollar amount does not match the issued amount

Using our Positive Pay service, your company electronically shares its check register of all written checks with Heartland Bank. The bank will only pay checks listed in that register, with exactly the same specifications as listed in the register (amount, payee, serial number, etc.).

If an item presented does not match, it will be considered a “suspect” item. You will then be given the opportunity to review any suspect items and make either a “pay” or “no pay” decision.

ACH Block

With our ACH Block service, you can place an all-debit block on accounts that should have no ACH activity. After a simple one-time setup, this service is automatic, saving you valuable time!

ACH Filter

For accounts that require taxes, payroll, or other preauthorized debits coming out, our ACH Filter service automatically filters out unwanted ACH transactions and accepts only authorized ACH debits designated by you in advance. If a debit is not on the authorized list you provide, we will notify you so you can decide to accept that debit or refuse it.

Sweep Accounts

Earn interest on your excess balances by keeping larger collected balances in an Investment Sweep Account and automatically transferring funds to your Business Checking Account as needed.

Investment Sweep

Maximize earning potential by investing idle checking account balances automatically into an investment sweep.

Funds Management Sweep

Reduce interest expenses on a line of credit (LOC) by automatically transferring excess checking account balances overnight to reduce the LOC debt. (Special requirement may apply based on loan covenants.)

  • Auto Pay
  • Auto Borrow/Auto Pay

Zero Balance Account

Consolidate balances from multiple checking accounts into one main account. A ZBA account can be used as a disbursement account to issue checks, ACHs, or wire transfers.  They can also be used as a deposit only account. Works well with an investment sweep or a loan sweep to increase interest income or decrease interest expense.