Additional Business Services
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
Direct Deposit & 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.
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
At Bank of Sunset & Trust Company, our industry leading business credit card products offer competitive pricing combined with a full range of reward options - making it easy to select and apply for the card that meets your needs.
Wire Transfers
What is a wire transfer?
- A wire transfer is an electronic payment service for transferring funds quickly, Cashly, 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.
Need help?
Contact one of our friendly customer service representatives at one of our locations. They will be happy to help you find the account or service that's right for you.