Treasury Management
Business Payments. Simplified.
Optimize Your Business Finances
PenAir has partnered with Tru Treasury to bring our business members a range of treasury management tools that make day‑to‑day banking simpler and more efficient. From improving cash flow to reducing costs and managing risk, these solutions are designed to support your business every step of the way.
With services like ACH origination, remote deposit capture, wire services, and Positive Pay, you can feel confident knowing your assets are well protected—because keeping your money secure is always a top priority at PenAir.
Experience Better Treasury Management
Remote Deposit Capture
Our Business Remote Deposit Capture offers you the ability to scan multiple checks, including high-value checks, directly into your PenAir business account from the comfort of your office.
DEPOSITS MADE EASY
- Convenience: Deposit checks when it’s convenient for you.
- Flexibility: Gain access to later deposit cut-off times.
- Savings: Significantly reduce collection float.
ENJOY THE EFFICIENCY
- Scan multiple checks within a single batch.
- The deposit ticket and check images are processed and deposited into your PenAir business account.
- Funds are available as soon as the next day.
ACH Origination
With ACH Origination, making electronic business payments is simple and convenient. You can handle everything from direct deposit for your employees to payments for vendors and suppliers, recurring dues or membership fees, transfers to and from non–credit union accounts, and even State and Federal tax payments—all in one place.
You’re also free to set up and manage as many payees as you need. Each recipient’s information is securely stored in our payment instruction database, so their details and banking information are always protected and ready when you need them.
Wire Services
Paying your vendors on time keeps your business moving forward, and wire transfers make it easy. They’re a secure and reliable way to send funds while giving you added flexibility to manage cash flow.
With PenAir’s convenient digital platform, you can initiate and manage wire transfers when it works for you. It’s a straightforward way to stay on top of payments and keep your business running smoothly, with confidence that everything is handled securely.
Positive Pay
Running a business is busy enough—you shouldn’t have to stress about check fraud. With our Positive Pay service, you can feel confident knowing there’s an extra layer of protection watching over your account. It helps reduce risk, cut down on potential losses, and keep your finances secure. Plus, with fewer errors and faster reconciliation, managing your account just gets easier.
Security and Protection
- Ensures only valid checks get cashed and prevents unauthorized payments.
Flexibility
- Digitally confirms check information.
Get Started
To get started with PenAir treasury management services, fill out the easy form below and we will reach out to you to begin finding the best solutions for you.
Business Service Inquiry
Treasury Management FAQs
Treasury Management brings together the tools and expertise businesses need to manage cash flow, safeguard liquidity, and reduce operational, financial, and reputational risk. It covers the day-to-day and long-term management of funds, including cash management, investment options, and risk assessment. With effective Treasury Management, businesses can confidently meet payment obligations, plan ahead, and maintain financial stability.
Tru Treasury is a Credit Union Service Organization (CUSO) established by Credit Unions for Credit Unions. Tru Treasury’s mission is to provide credit unions, like PenAir, with treasury management expertise and the scalability to grow. They provide the tools, expertise, and products to deliver leading treasury solutions to PenAir’s business members.
Pricing is based on what makes the most sense for your business. PenAir’s local team is here to listen, understand your goals, and guide you toward a solution that fits your needs. We want you to move forward with confidence.
As a general guideline, we recommend providing statements from the past two months. If you experienced a particularly busy month with higher account activity, including that statement can also be helpful. Ultimately, the information we need may vary based on your business and the solutions that best fit your financial goals.
We encourage you to reach out to the PenAir Commerical Banking Team with any questions as you begin to prepare.
- Email: TreasuryManagement@penair.org
- Call: 850-505-3200, Ext. 7380
The PenAir business team would welcome the opportunity to meet with you and go over your specific needs. An initial consultation would allow our team to evaluate your current services, and provide suggestions on improving financial and operational risk management. You can start the process by filling out the form just above , or email us at TreasuryManagement@penair.org.
The best way to reach the PenAir Commercial Banking team is via any of the following methods:
- Fill out the contact form above
- Email: TreasuryManagement@penair.org
- Call 850-505-3200, Ext. 7380
Contact Us Today
Give us a call today at 850-505-3200, Ext. 7380 or email us at TreasuryManagement@penair.org