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Cash Management

Simple and secure payroll processing, cash concentration, and cash disbursement.

Cash Management through Sauk Valley Bank gives your business the ultimate control over your business finances. Cash management offers a wide variety of services including wire transfers and multiple ACH options, such as direct deposit, direct debit, and federal & state tax payments.

Why Choose Cash Management

Cash Management is tailored to individual business needs. It allows customers to set up multiple users within their organization with restricted or full access to Cash Management functions and accounts. Read below to learn more about the beneifts of Cash Management with Sauk Valley Bank.

Payroll Processing

The ACH network is used to transmit funds electronically between financial institutions. Sauk Valley Bank offers the ACH network via the Cash Management ACH options, allowing businesses to utilize many convenient applications such as the following.

  • Internet based payroll processing options
  • Setting up and sending Direct Deposit payroll
  • Quickly set up the direct deposit, verify it and initiate it without hassle.
  • Direct Deposit to transfer funds into a consumer’s bank account.
  • Direct Deposit can represent a variety of products such as payroll, bonuses, advances, payments, and much more.

Direct Debit benefits companies with billing operations, allowing them to electronically debit a consumer’s bank account for payment. Direct debit can be used for many different obligations, including; utility, rent, mortgage payments, membership dues, and donations.

Cash Concentration & Disbursement

Cash concentration and disbursement allows companies to achieve efficiencies in cash management through timely intra-company transfer of funds. The Cash Concentration and Disbursement application can be used to either distribute or consolidate funds between corporate entities.

State & Federal Tax Payments

Send state and federal tax payments using the Cash Management ACH Options. You must first enroll with the respected parties below, before you can begin sending your tax payments online with Cash Management.

Visit www.eftps.gov or call the EFTPS Customer Service Center at 1-800-555-4477 or 1-800-945-8400.

Visit www.revenue.state.il.us or call the Illinois Department of Revenue’s EFT Help Line at (800) 732-8866.

When requesting an enrollment form be sure to mention that you will be sending your taxes ACH credit via your financial institution.

Other Benefits

Cash management customers have convenient and safe anytime access to their accounts with NetTeller. This powerful, user-friendly, financial tool provides 24-hour access to your accounts. From your online banking dashboard, you can also move cash balances between accounts. This includes the ability to perform one-time or scheduled transfers between accounts. Setup direct payments with online Bill Pay and never miss a payment again. If necessary, customers can also stop payments.1
With Cash Management, conveniently originate and upload your ACH files as well as originate wire transfers2, direct deposit, and direct payments. With cash management you can also send electronic federal and state tax payments.

Ongoing customer service through Sauk Valley Bank Customer Call Center.

With Cash Management you can set up as many accounts as you need.

Plus, you can build multiple levels of access to give each member of your team the permission that’s right for them.

Ready To Get Started?

If you’re ready to get started, our business services team can help you make the switch to Sauk Valley Bank today! Already have an account but think Cash Management is right for you? Our team can assist you in finding the right options to fit your business needs. Find the nearest location or contact our business services team.

1See business services banker for more details

2Discounted fee for wires initiated online


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