WoodTrust Bank offers creative, insightful perspectives and tailored solutions to improve the day-to-day efficiencies of
an organization’s cash management strategies. We deliver the cutting-edge technology needed to meet critical cash management goals - from ACH Origination, to Positive Pay, to Remote Deposit - valuable services that can be securely accessed and managed via the web. Our goal is to provide the tools, services, and resources needed to help
a business grow and prosper.
Provides for the safe, reliable and confidential handling of all ACH transactions - electronic filing of taxes, collection of accounts receivable, accounts payable, recurrent payments and the direct deposit of payroll. Reduce the cost of producing and sending a check, plus eliminate lost or stolen checks, stop payments and re-issues.
Commercial Lockbox Service
Accelerate the collection of accounts receivables by having incoming cash remittances sent directly to a lockbox at WoodTrust Bank. We process transactions on a daily basis and provide a report showing the remitter, payment amount and other pertinent invoice information. Eliminate the handling of incoming checks and the preparation of bank deposits – plus accelerate fund availability.
Commercial Investment Accounts
Link corporate checking accounts to an overnight investment account.