Treasury Management
Solutions for your business.
We have the services you need to manage your funds, speed up transactions, send money and streamline your financial operations.
Dawn | Benay Enterprises
Danbury, CT
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Lockbox / Electronic Lockbox
- We will receive and process remittance payments into your bank account and provide you a posting file for your Accounts Receivable system.
- Scan coupons and checks right at your office and upload a posting file directly to your Accounts Receivable system.
Remote Deposit Capture
Scan and deposit checks into your bank account right from the comfort of your office.
- Benefit from later, daily deposit cutoff times
- We'll provide the scanner and assist with setup
- Online remote deposit application provides easy access and security
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Autobooks
- Invoicing and payment acceptance integrated right within Online Banking and our Mobile App.
- Accept card and ACH payments easily and securely directly into your Newtown Savings Bank account.
Merchant Services
- Payment Processing solutions for your business.
- Credit and debit card acceptance.
- Electronic credit card processing.
Mobile Deposit
Deposit checks into your Newtown Savings Bank business account as easily as taking a photo with your phone.
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.
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ACH Origination
Electronically deduct a payment from your customer's bank account (with their permission) using ACH transactions.
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 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.
ACH Origination
Improve your cash flow and forecasting. Direct deposit your payroll and process your payments electronically.
Zero Balance Account
Maintain zero balance by automatically transferring funds from an operating account in amounts only large enough to cover items presented.
Administrative Privilege
Designate an Online Banking administrator to set up user access levels and control access to features such as transfers, Bill Pay, and Treasury Management services.
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.
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
Safeguard your business from the potential losses linked to check and electronic payment fraud. Review incoming ACH activity and select whether to pay or return transactions.
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Quicken & QuickBooks
Access your company’s account information, pay bills and transfer money directly through your Intuit financial management software.
Brinks Complete
A simpler, more affordable way to manage your cash all in one monthly subscription. Eliminate unnecessary trips to the bank and traditional fees.
Let's connect
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David Malloy
VP, Treasury Management Officer
203.270.4459
NMLS# 1018162
With over 31 years of extensive experience in the banking industry, Dave has a wealth of knowledge and expertise to help you find the right solutions for your business.