Managing cash flow, payments, and fraud risk can become more complex as a business grows. Treasury management brings the tools behind those day-to-day financial activities together, helping businesses operate more efficiently, improve cash visibility, and reduce risk.
At West Shore Bank, treasury services are designed for businesses of all sizes, with solutions focused on increasing efficiency, improving cash flow, maximizing liquidity, and mitigating risk. Explore West Shore Bank Treasury Services.
What is Treasury Management?
Treasury management is the coordinated management of a business’s cash, collections, payments, liquidity, and financial risk. The goal is straightforward: make it easier to know where cash is, move money efficiently, protect accounts, and make informed financial decisions.
West Shore Bank supports that goal through treasury solutions that include Remote Deposit Capture, Merchant Card Services, ACH & Wire Services, Sweep Accounts, Positive Pay, Information Reporting, Autobooks and LockBox Services.
Treasury Services that can Make a Difference
Streamline deposits and receivables
Remote Deposit Capture and LockBox Services can support more efficient collection and deposit workflows, while Merchant Card Services gives businesses another way to accept customer payments.
Move money efficiently
ACH & Wire Services help businesses manage electronic payments and transfers as part of their day-to-day cash movement.
Put excess cash to work
Sweep Accounts can support liquidity management by helping businesses manage cash positions more efficiently.
Manage larger cash balances with ICS and CDARS
For businesses, municipalities, and other organizations managing excess cash, West Shore Bank also offers ICS® and CDARS® through the IntraFi® network. These services can help eligible depositors put cash balances to work while accessing FDIC insurance protection on deposits placed across participating network banks. ICS supports deposits placed in demand deposit accounts and money market deposit accounts, while CDARS supports certificate of deposit placements with multiple term options.
The approach can simplify cash management by providing access through one banking relationship rather than requiring customers to open and monitor accounts at multiple institutions. Depending on the selected account structure, the services may also support liquidity needs and local investment goals. Learn more about ICS and CDARS from West Shore Bank.
Important: Deposit placement through ICS or CDARS is subject to the terms, conditions, and disclosures in applicable agreements. Customers are responsible for determining whether a placement satisfies any restrictions applicable to their deposits.
Strengthen fraud controls
Positive Pay gives businesses an additional tool to help mitigate check fraud risk. Pairing account controls with disciplined internal approval processes can strengthen fraud prevention.
Improve financial visibility
Information Reporting gives businesses greater access to financial information that supports cash-position monitoring and informed decision-making.
Simplify financial administration
Autobooks offers digital tools that can help small businesses manage key financial tasks within their banking experience.
Why Fraud Prevention Matters in the Treasury Management Conversation
Efficiency matters, but so does protecting money movement. West Shore Bank includes Positive Pay among its treasury services and provides fraud-prevention resources for business customers. For broader industry education, the Federal Reserve Financial Services Risk Management Toolbox highlights resources that help financial institutions and payment stakeholders plan for credit and fraud risk before payments become final. Visit the Federal Reserve Financial Services Risk Management Toolbox.
A Local Partner for Your Business
Treasury management is not simply a collection of products. The right mix of services should reflect how your business receives funds, makes payments, manages liquidity, and protects accounts. West Shore Bank’s treasury professionals work with businesses through the onboarding process and help identify solutions suited to their operations.
Local expertise, personalized support
Technology is only part of an effective treasury strategy. West Shore Bank’s local treasury professionals work directly with businesses to understand how they collect funds, make payments, manage cash, and address operational risk. The team can provide a no-cost analysis of current monthly account statements and develop a tailored services proposal based on the business’s needs.
With treasury professionals serving Ludington and Traverse City, businesses have access to experienced guidance and ongoing operational support to set up, maintain, and troubleshoot treasury services. Meet the West Shore Bank Treasury Management team.
Ready to take a closer look at your treasury setup? Connect with West Shore Bank Treasury Management to explore the tools that may help your business streamline finances and manage risk.
*Terms, conditions, and fees may apply to the treasury management products and services referenced in this blog. Certain products (e.g., Autobooks) may require customer enrollment and are not automatically provided.
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