Make Your Cash Work Both Hard and Smart with NewAlliance Bank Cash Management. Maximize your cash flow while supporting streamlined accounting systems with the right combination of cash management products and services.
iLINKTM
A web-based cash management service for larger businesses that allows multiple authorized users with multiple authority levels.
- ACH transactions
- file exports
- stop payments
- wire transfers
- remote deposit
- check images
Click here to take an online tour of iLink
Zero Balance Accounts
Automatically consolidate balances from multiple checking accounts on a daily basis.
Sweep Accounts*
Invest excess funds over a predetermined target balance in your checking account(s) at the end of each business day and earn interest overnight.
LockBox ServicesNewAlliance receives and processes remittance payments made to your business, and deposits them into your account daily, saving you time and getting your funds into the bank and working for you faster.
ACH OriginationNewAlliance Bank assists its business customers with direct deposits, tax payments, and vendor payments, as well as credits and debits. All ACH transactions are originated through iLINK
TM.
Account ReconciliationBusiness checking accounts with high activity can receive a weekly or monthly full reconciliation report that matches cleared with issued checks. You can also receive a variety of other reports.
Check Images Archive on CD-ROMCustomers can receive a CD-ROM each month that includes all checks that have cleared the account during that month. The CD has self contained software for check searches and printing.
Data ExchangeA business with a secondary account at NewAlliance Bank can send account balance and activity to the data exchange network. The account information can then be retrieved by the customer for reporting purposes or for cash concentration via ACH or wore transfer to a main account at another bank.