Treasury Management

• View Accounts: Stay up-to-date on account balances, recent transactions, and get a monthly eStatement.
• Deposit Single Checks: Use our mobile app to snap a picture of a check you received and skip a car ride to see us.
• Message Us: Have a question? Use messaging to talk with a customer service representative and get all of your questions answered.
• Alerts & Card Management: Sophisticated tools that give you complete control over when, where, and how purchases are made.
• Transfer Funds & Pay Bills: Instantly move funds between your Bank of Elk River accounts, to and from external accounts, and pay bills.

Basic Features:

• User Management: Create logins for employees, set access levels and controls, receive user alerts and more. 
• Enhanced Reporting & Alerts: Generate and save customer-defined summary and activity reports, receive alerts for pending approvals, changes, etc.
• Business Bill Pay: Delegate payment responsibility, set permission controls, run customized reports, and maintain more control over your cash flow.
• ARP/Positive Pay: Protect your business against fraud losses due to forged, altered, or counterfeit checks

Add-On Features:

• ACH Origination: Electronically credit or debit accounts at other banks. Pay employees by direct deposit. Manage accounts receivable and payable.
• Business Desktop Deposit: Reduce trips to the bank by using a bank-provided scanner that processes check images quickly through our secure software. 
• Wires: Set up recurring and future-dated wire transfers and additional wire alerts

• Point of sale solutions: Whether you want to accept payments in-store, online, on the go or all of the above, we have point of sale options for all budgets. Help grow your business by giving your customers flexibility and peace of mind with secure payments.
• Secure payment processing
• Customer insights and email marketing
• HR and payroll management
• Gift and loyalty programs
• Data breach security

Customized Invoice: Create a professional‑looking invoice with your business logo and colors in just a few minutes. 

Digital Payment Options: Let customers easily pay you online with any major credit card (including American Express^®), debit card, or via ACH electronic bank transfer.

All Payments Deposited into Checking: Get paid directly into your checking account within two business days — no need to transfer your money from external payment acceptance apps.

Easy Invoice Automation and Tracking: Always know exactly who’s paid and who’s due. Set up recurring invoices so you can automate your process and automatically add late fees for past due invoices. 

Secure Payment Form: When you enroll, you’re assigned your own unique URL to a secure payment form. This link can be shared by text (SMS) and email, or added to any web page or social media profile.

Detailed Payment History: Payments are listed chronologically, with the most recent at the top. Filter the list to find specific payments. Generate a spreadsheet if you need it, and export with one click.

In‑app Payment Terminal: When you’re ready to take a digital payment, just access your payment form inside online or mobile banking, and enter the payment details yourself.