Skip to content

Non-Profit Cash Management

When you want ideas and creative cash management solutions, Highland Bank can make a difference. Our services assist you in your daily operations and enable you to optimize the investing of available cash. Our products are designed to reduce your costs by accelerating collections and controlling disbursements. We want to help you with your daily cash management decision making to increase efficiencies that improve your returns.

ACH
The Automated Clearing House (ACH) is an efficient electronic payment system designed to collect and disperse payments in a predictable convenient manner. ACH can be used for credit transactions such as direct deposit of payroll, or debit transactions such as collection of invoice payments or recurring donations.

back to top

Cash Concentration
Highland Bank's Cash Concentration service allows you to electronically concentrate funds from various locations or subsidiary companies into one main operating account. You can efficiently manage funds in multiple checking accounts to maximize investment opportunities by reducing idle balances.

back to top

Commercial Overdraft Protection
You can take advantage of our technology and operational processes in managing your cash position. Our Commercial Overdraft Protection attaches your existing operating line of credit to your commercial checking account for funding purposes. By using this product, you benefit because your line will advance automatically, with no need to call your account officer. Also, you will be notified when your line advances to help you monitor line usage. This product increases control, while saving the time and expense of manual analysis of daily cash flow.

back to top

EDI
Electronic Data Interchange (EDI) is a translation and reporting program that Highland Bank uses to provide our clients with payment-related information attached to ACH files. The addenda information provided with ACH items is in a standardized, computer-readable format. Highland Bank has the ability to translate the addenda and forward the information to you.

back to top

Internet Banking - View Demo or Enroll Now
Get access to your organization's accounts 24 hours a day, 365 days a year, at your convenience! Our free Internet Banking product allows multiple employees to access the system at the same time. Each employee will have access only to the information and functions they have been set up to use. Changes made simultaneously by other employees will appear each time your browser page is refreshed. Access your Highland Bank Account information, such as your current balance.

  • Access account information - checking, savings, loans, and CD's
  • Check real-time balances and summaries
  • Transfer funds
  • View and search account history
  • Reconcile accounts
  • Print statements
  • Request wires
  • Place stop payments
  • Download account history to popular finance software

back to top

Online Bill Pay
Paying your bills online is easy and saves time, postage, and effort! You can view and manage all your organization's monthly payments in one place. Online Bill Pay also provides full security controls so only authorized personnel can approve payments.

  • View and manage payee list
  • Add or remove a payee at anytime
  • Schedule single and recurring payments
  • Manage Payments - includes an at-a-glance payment calendar
  • Security Controls - identify who is authorized to approve payments

back to top

Investment Sweep
The Investment Sweep is designed for companies with idle or excess balances who wish to maximize interest earned. Your business can have all of its short-term funds managed automatically through a single account.

back to top

Loan Sweep
Highland Bank offers an automated, same-day Loan Sweep product. The Loan Sweep is designed for companies with an operating line of credit who wish to minimize interest expense. With no dollar under-utilized, our sweep products produce optimum returns while eliminating the guess work of manual analysis.

back to top

Lockbox
Highland Banks Lockbox service helps accelerate the accounts receivable collection process. Your clients direct their paper based payments to the St. Paul, Minnesota, Post Office. We pick up these payments early in the morning, process them according to your instructions, and credit your account that day. Deposit information is available early in the day through our online real-time service called BankAccess.

back to top

TeleBank 952-854-4884 (toll free 1-888-500-3005)
TeleBank allows you free, real-time access to your accounts 24 hours a day, 365 days a year. All you need is your Personal Identification Number (Personal ID) and your account numbers.

back to top

ZBA (Zero Balance Account)
When your business uses a number of accounts to segregate money, zero balance accounts are the fastest, most cost effective way to monitor your account balances. You can reduce idle balances in each of your accounts, minimize excess balances, increase cash resources and reduce overdrafts with Highland Bank's ZBA.

back to top

For details on Highland Bank cash management or other business services, please contact your account representative or e-mail us at cash.management@highlandbanks.com.