Fannin Cash Management

Regardless of the size of your business, whether you are just starting or well-established, a big part of managing your business is the management of your cash. Employees and vendors must be paid, and your clients must pay you for your services and products. Fannin Bank knows these tasks are time-consuming, so we created Fannin Cash Management. With Fannin Cash Management, you can pay your employees directly to the financial institution of their choice, make electronic payments to your vendors, and even collect payments from your clients accounts.

Direct Deposit Payroll

Eliminate the cost of writing and distributing checks and the risk of checks being lost or stolen by offering your employees the added convenience of direct deposit payroll. Fannin Bank’s Cash Management service grants you the tools to electronically transfer payroll funds directly into your employees’ accounts, saving time and money associated with manual processing.

Collect Payments

With Fannin Cash Management, you will save time and money by replacing invoicing with electronic funds transfer (EFT), allowing you to collect payment directly from your clients’ authorized accounts.

Business 2 Business Payments

Do you have a vendor that wants to receive payment electronically? Fannin Cash Management lets you transfer funds from your account to your vendor’s account using our business 2 business payment feature. You can even use this feature to transfer funds between your Fannin Bank commercial checking account and a business account you own at another financial institution, saving you the time of coming to the bank to make a transfer request.

Import and Export Capability

Reduce error and save valuable time by eliminating the need to re-key data using our import and export functionality. Manage large ACH files locally and import them into online banking for processing or export your transaction history directly into Quicken or QuickBooks. You can even export your account information so a spreadsheet program can open it.

Sub-User Administration

Be in charge of your business banking with Sub-user Administration. Save valuable time and increase efficiencies by conveniently assigning your employees specific account access, dual control privileges, and transaction limits.