Managing your company's finances effectively means making your cash work for you. Charter Bank's suite of flexible, integrated Cash Management Services helps business owners optimize their cash situation to monitor their cash position, maximize cash flow, and utilize appropriate investment options.
Your Relationship Manager can advise you on the most effective cash management strategies for your company and structure a set of services specific to your business needs.
Powerful cash management tools are delivered online at My Charter Bank
Supervisor Functions
Allows you to gain better oversight and control of the accounting functions in online banking. Control users of the system by assigning account and transaction rights and dollar limits.
Collections
Enables you to accelerate receivables by collecting recurring items such as capital campaign pledges, charitable donations, homeowners association dues and other monthly recurring collections.
ACH Payments
Transfer funds outside Charter Bank to any financial institution. ACH is becoming a replacement for wire transfers in many businesses since it costs a fraction of wire transfer fees.
ACH Receipts
Concentrate funds into Charter Bank electronically from other financial institutions.
Wire Transfer
Make same-day payments online (recurring and non-recurring).
Federal and State Tax Payments
You're in control when you use this service to initiate tax payments.
Additional Cash Management Services
Bill Pay Services
Pay anyone anywhere using online bill pay. Fee of $5.95 per month covers 15 bills. Items in excess of 15 are just $0.40 per item.
Positive Pay
Provides the highest level of security for issuing checks by enabling you to ensure all checks paid are valid on a daily basis. Your company provides the bank with an electronic file of checks issued, and the bank matches it to checks paid.
Sweep Services
Maximize use of funds by investing excess cash or automatically paying down on a line of credit. | 
