Manage your money with confidence, streamline your daily operations, and work smarter, with Salem Co-op’s Cash Management Services.

Remote Deposit

Enjoy the simplest, fastest and most efficient way to deposit checks – without a trip to the bank!

  • Deposit checks at your convenience from a desktop scanner or from your mobile device
  • Checks are converted to electronic images and transmitted to the bank for processing
  • Make deposits as frequently as you wish from anywhere that you have internet connection
  • Track deposit history, access images of checks and get detailed reports online, at your fingertips, 24 hours a day

Automated Clearing House

Process electronic transactions quickly, efficiently and securely.  ACH services allow you to send and receive money electronically.

  • Cost effective vendor billing and payment solution
  • Ideal for businesses with a high volume of recurring payables/receivables
  • Direct deposit of employee payroll and vendor payments

Positive Pay

With Salem Co-op’s fraud protection service, you can help protect your business from unauthorized transactions.

  • Monitors checks presented for payment against your checks issued file – matching payee name, check number, amount and date
  • Detects and stops duplicate, altered and counterfeit checks
  • Flags items that are mismatched and sends you an exception alert, allowing you to decide if an item is paid or returned
  • Multi-factor authentication
  • Easily submit check files details through Digital Banking

Wire Transfers

Save time and company resources.  Initiate your domestic wire transfers through Digital Banking from wherever you may be.

  • Easy, same-day, safe movement of funds up until 4 PM
  • Flexibility to schedule one-time transfers or create templates for recurring payments
  • Dual-control approval options
  • Real-time notifications

Merchant Credit Card Services

Improve cash flow with credit card processing solutions for your business.

Interested? Let’s Get Started.

Contact us today to learn more about how Cash Management Services can help take your organization to the next level.

CONTACT US