Sophisticated tools for financial success.
Our Treasury Management Services can enhance your business's cash flow, improve liquidity and optimize your return on investment.
Products and Services Treasury Management Team
Automated Clearing House (ACH)
Faster access to your money, improved cash flow and better control of receivables.
- Make Payments
- Collect Payments
- Direct Deposit Payroll
- Make Tax Payments
User Management
Easily update and make change requests as needed.
- Add or delete users
- Set permissions
- Make changes anytime
Positive Pay
A powerful fraud prevention tool and comprehensive check and ACH management system.
Positive Pay may be the right solution if you:
- Write a large number of checks
- Write checks for large dollar amounts
- Previously experienced check fraud
- Initiate ACH transfers frequently
- Are a municipality, title company, or school district
Wire Transfers
Send money fast and securely.
- Get money to your recipient quickly
- Make one time or recurring payments
- Make domestic and international payments
- Ideal for larger transactions
Sweeps
Maximize investment earnings, minimize idle balances, reduce interest expense.
- Set thresholds to keep your balance at a level you choose
- Earn a return on excess funds
- Automatically transfer funds
- Set up zero-balance accounts
Online Deposits
Improve your cash flow and employee efficiencies.
- Capture check images and submit electronically
- Make multiple deposits a day
- Save on labor costs
- Eliminate trips to the bank
- Reduce the risk of fraud
Merchant Solutions
Dacotah Bank offers a flexible suite of merchant solutions, including payment processing and reporting from a team of industry professionals here to support your business’ growth.
Accepting Credit Cards
- Increase your sales by accepting all major payment types, including debit and credit cards and mobile wallets
- Secure point of sale terminals, e-commerce and web integration, and mobile processing
- Stay within your budget with customized pricing to fit your needs
- Enjoy robust transaction data and reporting
- Access to friendly, local Dacotah Bank support
Let's get started!
Contact your local Dacotah Bank business banker to learn more about how we can help support your business.
Online Deposit Services
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Convenient and Secure
Deposit checks electronically from your office
Trips to the bank can be put on hold. Our online deposit services allow you to deposit checks electronically from your office with a scanner that connects to your desktop computer and the internet. With online deposit services, you can scan checks received from customers instantly and send deposits to the bank at any time, day or night.
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Business Benefits
Take advantage of the benefits these services offer.
- Consolidate funds from multiple locations into one secure account.
- Enjoy the convenience and quicker access to your funds.
- Reduce trips to the bank and streamlining processes.
- Cut down on labor costs and improve overall security.
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How does it work?
Here is how you can start utilizing Online Deposit Services
- Scan checks from your desktop computer. Using a supported check scanner, insert a check or group of checks and the scanner will scan both sides in one pass. A check image will be created and sent to Dacotah Bank for processing.
- Prepare the deposit. View images of the checks on your desktop computer. The dollar amounts for the checks are automatically read, and the deposit is totaled.
- Electronically send deposit to the bank. With one click the deposit is sent electronically to the bank and a confirmation email is delivered to your inbox.
- Funds are deposited into your account. Enjoy access to funds almost immediately.
Get started with these Business Solutions. Reach out today.
Treasury Management TeamAdvanced Reporting
Giving you the insight your business needs. Dacotah Bank can provide detailed reporting on:
- Balance and Activity Statements
- Cash Position Report
- ACH Activity Report
- Checks Paid Report
- Wire Activity and ZBA Reports
- User or Company Defined Reports
- Company Entitlements Reports
- Wire Online Origination Reports
- Online ACH Originations
- Transaction Reports
Want extra FDIC coverage?
Benefit from a solution that allows you to enjoy access to multi-million-dollar FDIC coverage through your Dacotah Bank relationship. You can choose the service or combination of services.
- Enjoy peace of mind
- Earn interest
- Access Funds
- Save time
- Support your community
How Does it Work?
When we place your funds through our reciprocal deposit network, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. The funds are then placed in demand deposit accounts or money market deposit accounts at multiple banks. As a result, you can access coverage from many institutions while working directly with Dacotah Bank. You receive one monthly statement from our bank for each service in which you participate, and, as always, your confidential information is protected.