Funds Management

Funds Management 2017-02-14T20:23:13+00:00

The smooth and controlled flow of cash to, within and out of your company is a basic need. Drake Bank makes managing that flow simple and safe. Allow us to tell you more about these services.

Visa Business Credit Card

Features

  • Enjoy purchasing convenience at millions of locations worldwide both in store and online, even pay bills
  • Separate personal and business expenses
  • Manage your money with accurate, easy-to-use tracking tools
  • Save on business products and services at select merchants with Visa discounts for cardholders**
  • Improve your cash flow – ask your bank or credit union how you can get a Visa Business Credit Card

Apply for Your Visa Online Today!

Benefits

  • Auto Rental Collision Damage Waiver
  • Purchase Security & Extended Protection
  • Lost/Stolen Card Reporting
  • Cardholder Inquiry Service
  • Emergency Card Replacement and Emergency Cash Disbursement
  • Travel & Emergency Assistance Services
  • Visa IntelliLink for Small Business**
  • Visa SavingsEdge**
  • Zero Liability – Business

Credit Card Processing

Remote Deposit

Accepting credit card purchases can have a very positive effect on your sales and profitability. But, credit card processing and pricing can be confusing if the source of the processing does not clearly disclose all fees.

With credit card processing from Drake Bank there is no confusion. You will enjoy fast payments with most deposits made to your account the following business day. And, of course, you will minimize the hassle of returned checks. Call 651-224-5000 to learn more!

We can put a teller in your business with our Remote Deposit Service! With a small scanner you can safely and quickly deposit checks to Drake Bank. Let us tell you more!

Cash Management

Drake Bank brings the power of the nationwide Automated Clearing House to your business through our internet banking Cash Management product. Through your existing business checking account we can help by…

  • issuing regular and one-time payments
  • collecting regular receivables such as rental income and contributions
  • reducing your payroll processing costs by paying your employees electronically
  • customizing your online banking capability with multiple users and authority levels

And, with our Positive Pay feature we can make your checking more secure by matching the account number, check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued by the company. All three components of the check must match exactly or it will not pay.

Call 651-224- 5000 to learn more!

QUESTIONS ABOUT A BUSINESS BANKING ISSUE? ASK OUR EXPERTS.

ASK AN EXPERT