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Gean - QTL | Milford, CT

Cash Management

Let us build a package that works just for you.

Combine the cash management services you need to manage your funds, speed up transactions, maximize interest, send money and streamline your financial operations.


















Receivables 


Autobooks

We've partnered with Autobooks to bring you invoicing and payment acceptance features integrated right within Online Banking and our Mobile App. This allows you to easily and securely accept credit card, debit card and ACH payments directly into your Newtown Savings Bank account.

Remote Deposit

Remote Deposit allows you to scan and deposit checks online into your bank account at your office. With the remote deposit capture service, you have more control over your time as well as your deposits.
  • Benefit from later, daily deposit cutoff times     
  • We’ll provide the remote deposit capture scanner and assist with set up
  • Online remote deposit application provides easy access and security

Mobile Deposit

Whether you’re on the road for business or relaxing at home on a Sunday afternoon, you can deposit checks into your Newtown Savings Bank account as easily as taking a photo. Simply sign up for Mobile Deposit in your NSB Mobile app. 

ACH (Automated Clearing House) Origination

Electronically deduct a payment from your customer's bank account (with their permission) using ACH transactions. ACH payments are a secure, convenient way to handle billing.

Lockbox

With our Lockbox payment processing service, we will receive and process remittance payments into your bank account and provide you a posting file for your Accounts Receivable system.

Electronic Lockbox

Scan coupons and checks right at your office and upload a posting file directly to your Accounts Receivable system. This is the best of both Lockbox and Remote Deposit services.

Accounts Receivable Consolidation

Combine different payment files such as ACH, credit cards or Lockbox into one file for upload into an Accounts Receivable management system.

Merchant Services

  • Credit card and debit card acceptance. 
  • Electronic credit card processing.
  • Gift and loyalty programs.

Payables


ACH Origination

Improve your cash flow and forecasting. Direct deposit your payroll and process your payments electronically. 

Online Wire Transfers

Send domestic wire transfers directly from your office and transfer money where it needs to be without a trip to the branch and at a reduced cost.

Bill Pay

  • Pay bills online at any time, day or night, to any address in the United States.
  • Set up one-time or recurring payments days, weeks, or even months in advance.
  • Save time with online bill payment for all your bills in one convenient location. 

Fraud Prevention


Positive Pay

Positive Pay is an effective tool to help prevent check fraud

  • Standard Positive Pay -  Protect against check fraud by uploading issued check files to Online Banking. Checks are matched against the issued check file as they are presented to your account for payment. Any exceptions will be provided to you for review - you decide whether the item(s) should be paid or returned.
  • Reverse Positive Pay - An alternative to Standard Positive Pay for companies who are unable to transmit an issued check file to Newtown Savings Bank. Review all checks presented for payment and determine if the item(s) should be paid or returned.
  • ACH Positive Pay - Review incoming ACH activity and select whether to pay or return transactions.

Administrative Privilege for Online Banking

Designate an Online Banking administrator to set up user access levels and control access to features such as transfers, Bill Pay, and Cash Management services.

Account Management


Zero Balance Account

Maintain zero balance by automatically transferring funds from an operating account in amounts only large enough to cover items presented.

Improve Efficiency


Quicken and QuickBooks

Access your company’s account information, pay bills and transfer money directly through your Intuit financial management software. 

Electronic Data Interchange (EDI)

Receive up-to-date reports detailing addenda information for your electronic credits and debits. The addenda record may include invoice number, customer name, etc.