Key Takeaways

• • • • • • • Lake City Bank Digital makes it easy to manage your business finances anytime.
            • Businesses can move money quickly and safely with tools like ACH, wires, and payroll services.
            • Collecting payments is easier with services like Autobooks, eLockbox, and mobile deposits.
            • Extra security tools help protect your business from fraud.

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    Managing your business finances can be complex, but Lake City Bank helps simplify the process with a comprehensive set of tools and services tailored to streamline your financial operations. Our experienced Corporate & Institutional Services Sales Officers work with you to understand your current needs and provide solutions that support your business as it grows.

    Manage Your Finances Anytime with Lake City Bank Digital

    Lake City Bank Digital makes it easy to manage your business finances anytime, anywhere. You can:

    • Pay bills
    • Check balances
    • View transaction reports
    • Transfer funds
    • Stop payments
    • Send wire transfers
    • Make payments on your line of credit
    • Send ACH transactions
    • Use Positive Pay and ACH Positive Pay to reduce fraud risk
    • Match cleared checks to your register to help prevent errors and spot discrepancies

    Disbursement Tools

    Move money quickly and securely with these services:

    • ACH Services – Send payments electronically, including same-day options, through Lake City Bank Digital.
    • Wire Transfers – Use the Federal Reserve to securely transfer funds domestically and internationally, with same-day origination.
    • Digital Bill Pay – Pay bills directly from your digital banking account.
    • SurePayroll – Manage payroll with tools for tax compliance, direct deposit, employee pay stub access, and tax filing. For more information and a demo, click here
    • Zero Balance Accounts – Improve control over disbursements by setting account balances to zero unless needed, with funds automatically transferred from a master account.
    • Automated Overnight Sweep – Use your excess funds to pay down or draw on a line of credit or earn investment income. Funds in your Sweep Account can move to a standard Lake City Bank investment pool overnight, earning interest that’s posted to your checking account or to your line of credit minimizing your interest expense.

    Receivables and Collection Tools*

    Streamline how your business collects payments:

    • Autobooks – Create and send invoices, track payments, estimate jobs, and generate reports—ideal for small businesses and side gigs.
    • eLockbox – Save time by having incoming payments collected from a post office box, processed, and made available for online viewing the same day.
    • Remote Deposit – Eliminate travel time to the bank by electronically scanning checks and making deposits online.
    • Mobile Deposit – Deposit checks using a smartphone or tablet through Lake City Bank Digital.

    Fraud Prevention and Security Tools*

    Add extra layers of protection to your financial activity:

    • ACH Positive Pay – Permit only authorized vendors to debit your accounts with ACH. You’re alerted when an unauthorized vendor attempts to debit your account.
    • Positive Pay – Submit a file of issued checks so we can verify them against incoming items and flag any mismatches.
    • ACH/Wire Recipient Dual Approval – Require dual approval when adding, changing or deleting ACH and wire recipient information in Lake City Bank Digital. Request this option and we’ll activate it at no additional cost.

    Let’s Find the Right Tools for Your Business

    We’re ready to help you choose treasury management solutions that support your goals. Contact a Corporate & Institutional Services Sales Officer or call our support center at (844) 979-7164 for more information.

     

    Treasury Management Services and the fees associated with them are subject to the terms and conditions outlined in the Treasury Services Proposal with Lake City Bank. Contact a Corporate & Institutional Services Sales Officer or call our support center at (844) 979-7164 for more information.

    *Fees may apply.