The Investment Account invests in United States treasury securities, federal agency securities, municipal securities or similar investments. Interest on the funds is based on the Federal Funds Rate.

• The Investment Sweep service simplifies your cash management process by automatically investing surplus funds and maintaining the operating account at the target balance.
• You receive competitive rates based on current market conditions. Interest is calculated and compounded daily and paid monthly into the Investment Sweep Account or the operating account. 
• Balances in the Investment Account can be monitored on Internet Banking. A detailed monthly statement is provided showing investment activity and interest earned.
• Multiple Investment Sweep Accounts can be established in situations where funds cannot be co-mingled. 

Key Benefits

• The Investment Sweep Account provides you with short term investment income while preserving capital and maintaining liquidity.
• With the Investment Sweep Account you save the time and additional expense associated with trading and
  reinvesting individual investment instruments.
•  Customers do not need to constantly monitor individual maturities, market values or reinvestment options.
•  The sweep calculation occurs at the end of the day providing easy access to funds when required. 

The Investment Account invests in United States treasury securities, federal agency securities, municipal securities or similar investments. Interest on the funds is based on the Federal Funds Rate.

• The Investment Sweep service simplifies your cash management process by automatically investing surplus funds and maintaining the operating account at the target balance.
• You receive competitive rates based on current market conditions. Interest is calculated and compounded daily and paid monthly into the Investment Sweep Account or the operating account. 
• Balances in the Investment Account can be monitored on Internet Banking. A detailed monthly statement is provided showing investment activity and interest earned.
• Multiple Investment Sweep Accounts can be established in situations where funds cannot be co-mingled. 

Key Benefits

• The Investment Sweep Account provides you with short term investment income while preserving capital and maintaining liquidity.
• With the Investment Sweep Account you save the time and additional expense associated with trading and
  reinvesting individual investment instruments.
• Customers do not need to constantly monitor individual maturities, market values or reinvestment options.
• The sweep calculation occurs at the end of the day providing easy access to funds when required. 

capability for all eligible checks to be converted into ACH transactions or electronically presented to the bank as check images for clearing through our correspondent relationship with Bank of America.

As each check is scanned the customer will be required to review the imaged copy of the check and enter the dollar  amount.  The system also requires the customer to correct any misreads of the MICR line of the check. The only software to be installed is the drivers for the check scanner.  The check scanner is provided to the customer to facilitate the capture of the check images. The scanner will be attached to a desktop computer and the bank will provide access to the Profit Stars secure Internet site for processing. 

• Through an easy to use step-by-step process the customer will scan the check, which will create an individual image of the front and back of each check.  The deposit will be balanced and an electronic deposit slip created.  The file will then be transmitted to Profit Stars through their secure Internet site. Profit Stars will exchange ACH items on behalf of the bank in Houston and prepare an image file for downloading by Riverside to our Wausau system.
• With the archiving capability the customer will be able to view images of the individual scanned checks for ninety days through the Internet.  We will also be able to provide the customer with a copy of the checks for up to seven years.
•  The system provides a robust user authentication and the transmissions to the bank are encrypted. The service also provides controls to permit multiple daily transmissions, but will restrict any duplicate transmissions. There is a comprehensive  set of reports available to the bank and customers. REBA also provides the ability to automatically enforce transaction limits on a per customer basis. 

Key Benefits

• Convenience by eliminating or reducing trips to the bank
• Greater employee efficiencies
  Archived copies of deposited checks as well as immediate availability of reports, which are downloadable for CPA’s
• Reduction in desk float
• Consolidation of banking relationships

Stop Payments

• Simply enter the check number (or range of checks), dollar amount, customer name, any remarks and submit the stop payment. Once the stop payment is completed, you will receive a confirmation number to retain for your records.
• Stop payments will be maintained for 6 months at which time the stops can be renewed.

 Account Reconciliation

•  Under the account management function, you can choose to download an account summary using a range of elected dates, which will provide a choice of six files formats listing the checks and amounts that have cleared your account.

View current and prior day balances

• Our system allows you to select current day information or to view a range of transactions from prior months, to assist in payment disputes and research. 

Transferring of Funds

• Our system provides tools for you to immediately transfer funds between accounts make loan payments or create recurring payments or transfers, without the requirement of visiting a branch office or faxing instructions.

• Our service provides easy point and click technology that gives you the control over when and where you conduct your business.  All you need to do is select the option you wish to use and the transactions will be completed in real time. The web site is designed to be user friendly and provides step-by-step instructions for each task. Of course, if you ever need additional questions answered a Riverside representative will be more than willing to help.
• This service requires no additional software to your computer.  All you need is to provide a computer with Internet access and allow us to reduce the time and stress in your busy day.

There are two types of ACH services available:

• Direct Deposit provides you with the ability to credit the accounts of your employees, customers, and beneficiaries with funds due to them. Direct Deposit is often used for the deposit of payroll, but can also be used to distribute funds, commissions, expense reimbursements, benefits, and pensions.

• Direct Payments are created when a consumer gives the originating institution or corporation (Originator) authorization to debit his/her account on a regular basis. Direct Payment can be used to pay utility, mortgage/rent, or automobile loan payments; charitable contributions; insurance premiums; membership dues; tuition payments; and nonprofit organization fees.

• Our ACH Service allows the business to have control over the amount, frequency and benefits of the service, without the requirement of any additional software.  The only tool needed by the company is a personal computer with Internet access and the desire to be more cost effective and productive.
• Once access to the website is granted your company will have the choice of uploading a NACHA acceptable file or imputing the information directly into our secured site. Either way you will be increasing productivity & efficiency, while reducing expenses.

• Each Company will have the ability to initiate wire transfers up to the collected balances available in their account.   If they exceed the collected balance, the system will inform them that they have insufficient funds to complete the wire transfer.
• For business customers whose surplus balances are held in a concentration account, such as an Investment
  Sweep, the system allows for the wire transfer to be initiated and reviewed, but then must be approved or denied by Transaction Management.
• The company will have the ability to restrict or reduce wire authority and account access at the individual user level.  Each company will be required to utilize dual controls to process wire instructions. They will designate a user  to input the wire instructions and a secondary user to approve and transmit the wire. This will provide the company with greater internal controls and security against fraud or theft.

Key Benefits

• This online service offers Convenience, Flexibility, and Security to initiate wire transfers directly from your office computer.

If your operating account has a negative balance, funds are swept (transferred) from your loan to the operating account to restore the account to the target balance.

The target balance is the collected funds that are maintained in the operating account to cover daily transactions and service charges. When the operating account is on account analysis, earnings credits are calculated based on the average monthly collected balance. These credits are deducted from the monthly service charges.

• The Automated Loan Sweep service simplifies your cash management process by automatically funding disbursements and maintaining their operating account at the target balance.
• It allows you to avoid overdrafts in your operating account and the embarrassment and cost of returned checks.  
• The outstanding loan balance can be monitored on Internet Banking, and a detailed monthly statement is provided showing activity and interest charged.

Key Benefits

• With Loan Sweep, you save time and the additional expense associated with cash forecasting and monitoring receivables and payables.

• For disbursement accounts, our system totals the daily debits from the accounts and automatically transfers the amount of funds needed to replenish to your desired target balances.
• For collection accounts, our system totals the daily credits to the account and automatically transfers the amount of funds needed to maintain your target balance.

Key Benefits

• Improves control over funds as they are collected and disbursed.
• Increases investment opportunities for idle cash by fully utilizing all available balances in a single concentration account.
• Provides a clear audit trail for all of your funds as they are moved between accounts, which improves tracking of balances.
• Eliminates the time and resources need to reconcile multiple accounts.