Cash Management Services

Investment Sweep accounts

Bank of Sunset’s Investment Sweep Account increases your company’s profits by investing surplus funds from idle accounts automatically. This tool makes it possible for your business to earn extra interest without requiring additional time or effort.

At the end of each business day, Bank of Sunset will combine the sources of all your funds to determine your available balance. If the balance exceeds your predetermined target, Bank of Sunset will transfer or “sweep” excess funds into an investment account that earns interest at market rates. If the total balance fall below the target, Bank of Sunset will transfer funds out of the investment account back into the main checking account to ensure your target balance is maintained.

• Keeps your cash invested and earns a competitive yield

• Various Funds available through AIM Funds

• Ready access to your money so you can easily withdraw it when needed

• Dividends declared daily and paid monthly

• Diversification of investments helps reduce risk

Wire Transfers

What is a wire transfer?

• A wire transfer is an electronic payment service for transferring funds quickly, safely, securely by wire to nearly any destination. 

How do I make a wire transfer?

Visit any of our convenient locations.

Can I send an international wire?

• Yes. Visit any of our friendly customer service representatives at any of our locations to send an international wire.

Direct Deposit and Direct Billing

ACH Credit Origination allows the business customer to originate direct deposit of payroll, bonuses, expense reimbursements to employee accounts. Any company or organization that has employees is a good candidate for ACH Credit Origination.

Through Direct Deposit you:

• Eliminate time and costs associated with producing and reconciling checks
• Reduce employee lost time commonly experienced with long lunch hours on pay days
• Eliminate lost checks and stop payment fees
• Add a valuable employee benefit

ACH Debit Origination allows the business customer to originate direct payment of bills owed to them. Companies that collect recurring billings on regular payment schedules are good candidates for ACH Debit Origination.

Through Direct Billing you:

• Improve your company’s cash flow
• Reduce billing expenses
• Reduce late payments and delinquencies
• Streamline processing efforts
• Increase customer satisfaction

ACH Origination reduces the administrative workload and fraud risk associated with issuing checks and other paper-based debits and credits. Originate ACH transactions with built-in security features through LendingTools.

To inquire about this service, contact one of our friendly customer service representatives at one of our locations.

If you already subscribe to our ACH Origination service, click here to originate a transaction or click "Access ACH Origination" on the left menu under "Services."

Telephone Banking: (337) 662-6742

Telephone banking provides 24-hour access to your account information at the Bank of Sunset via our automated attendant. You can quickly and easily:

Make account balance inquiries
Transfer funds between your Bank of Sunset accounts
Verify deposits and transactions on your accounts.

Sunset Business Debit24 Card

With the Sunset Debit24 Card:

• Money for purchases comes directly from your primary checking account
• Making a purchase is quicker and easier than writing a paper check
• Transactions are shown in detail on Bank of Sunset Online and on your monthly checking account statement

Business Credit Card

Business Credit Card Programs
Visa Business - Non-Mileage Card	Visa Business With Flex Miles
APR: Prime* + 7.9%.	APR: Prime* + 7.9%.
No Annual Fee.	$79 Annual Fee per Account.
No Intro Rate.	No Intro Rate.
25-Day Grace Period on all purchases.	25-Day Grace Period on all purchases.
VISA Business Benefits of rental car insurance.	VISA Business Benefits of rental car insurance.
	Earn one point for each dollar spent up to 10,000 per month. Only 25,000 needed to redeem.

*After the introductory rate, the Annual Percentage Rate (APR) will vary based on changes in the Index (the National Prime Rate published in the Wall Street Journal). The Index will be adjusted on the 25th day of each month or the business day preceding the 25th day if that day falls on a weekend or a holiday recognized by the Federal Reserve Bank. Changes in the Index will take effect beginning with the first billing cycle in the month following a change in the Index. Increases or decreases in the Index will cause the APR and periodic rate to fluctuate, resulting in increased or decreased Finance Charges on the Account. The Account will never have an APR over 21%.

Standard Fees for all Programs

Late Fee: $29   Over-Limit Fee: $29   NSF Fee: $29   Pay-by-Phone: $10
Cash Advance Fee:  2% of the Cash Advance Amount, subject to a minimum fee of $2.

If you already have a business credit card with us, click here or click "Access Business Credit Card Statement" on the left menu of this screen under Services.

E-Statements

Bank of Sunset now offers you the paper-free convenience of electronic statement delivery! Logon to your online banking account and request your e-statement today. If you choose to receive e-statements, a notification will be sent to your email inbox on a monthly basis, informing you that your monthly statement is ready for secure viewing.

• The ability to quickly download your statement and save to your designated file; organize by month and year for quick reference.

• The reduction of filing cabinet overload and time spent shredding old statements.

• An email notification alerting you that a new statement is ready for viewing.

• Secure and instant access to statements stored in your Internet Banking account.

• The option to request a formal statement relating to your account(s) any time through our website.

• Print what you need, when you need it.

• Logon on to your online banking account and request your e-statement today. Follow the steps below.
  1. Log onto your Internet banking account.
  2. Click on “e-statements only” on the User Services page. You may also opt in to receiving electronic only statement delivery on the “Statement” search page.
  3. Read and accept the e-disclosure policy.
  4. Follow a few simple steps for enrollment.
  5. Once you are enrolled, you will receive an e-mail notification when a new account statement is available for viewing in Internet banking with a link to your account statement.
  6. Want a paper copy after all? “Print” and “Save” buttons make it easy for you to print or download a copy of your statement to your PC.

"Notify Me" Alerts

We’re pleased to introduce our “Notify Me” feature that allows you to receive e-mail alerts for any of the following transactions:

• A message is sent to your online inbox

• Account Overdrawn

• Balance is above and/or below a designated dollar amount

• Check(s) number(s) paid

• Deposit made

• Transaction above a designated amount

This feature provides you with up-to-the-minute account information to your external e-mail account and will alert you to transactions that you deem as “out of the ordinary.” Studies show that this type of monitoring of your financial accounts can help minimize ID fraud and ID theft.

Set-up your “Notify Me” alerts by logging into Online Banking and clicking on the “User Services” tab. Link to “Notify Me” under “User Preferences” section and designate which transactions should activate alerts.