Treasury Management
Business Payments. Simplified.
Optimize Your Business Finances
PenAir partners with Tru Treasury to give business members practical tools that make day-to-day banking simpler, faster, and more effective. You can improve cash flow, reduce costs, manage risk, and keep your business moving with solutions that support you every step of the way.
With services ACH Origination, Remote Deposit Capture, Wire Services, and Positive Pay, you can manage payments, deposits, and fraud protection with confidence. PenAir helps protect your business assets because keeping your money secure remains one of our top priorities.
Experience Better Treasury Management
Remote Deposit Capture
Use Commercial Remote Deposit Capture 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 works best for you.
- Flexibility: Take advantage of later deposit cut-off times.
- Savings: Reduce collection float and spend less time making branch visits.
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, you can make electronic business payment simple and convenient. Manage direct deposit for employees, vendor and supplier payments, recurring dues or membership fees, transfers to and from non-credit union accounts, and State and Federal tax payments in one place.
You can also set up and mange as many payees as you need. PenAir securely stores each recipient’s details and banking information in the payment instruction database, so you can access protected information when you need it.
Wire Services
Keep your business moving with reliable wire transfers. Send payments to vendors on time, move funds securely, and manage important transactions with the support of PenAir’s treasury management tools.
Positive Pay
Protect your business with Positive Pay. This added layer of security helps you review payment activity, identify potential fraud, and reduce the risk of unauthorized loss.
Security and Protection
- Ensures only valid checks get cashed and prevents unauthorized payments.
Flexibility
- Digitally confirms check information.
Get Started
Let PenAir help you choose the Treasury Management tools that fit the way your business works. Contact us today to get started.
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 TreasuryManagement@penair.org