Treasury Management Services

Streamline Payments & Receivables

Whether you’re hoping to collect payment from customers or streamline payments to your vendors, Oak Bank’s treasury management services are tailored to make your life simpler as a business owner. If you’re looking to take off the hassle of making and collecting payments, contact our cash management staff to learn about the solutions we can provide for your business.

Contact treasury Management

eXpressDeposit – Deposit Checks from Your Desk

It’s easy to get caught up in the day-to-day responsibilities of running your business. With so much to do, it can be difficult to find time to get to the bank and make deposits. With Oak Bank’s eXpressDeposit program, you can make deposits from your office using a desktop scanner. This allows you to scan check images and make online deposits. Not only does this mean your deposits clear quicker, but it reduces your risk for check fraud. Learn more about eXpressDeposit by watching the video tutorial below.

ACH Transactions

Oak Bank’s Automated Clearing House (ACH) services are the perfect solution to make sure your payments are made on time. With ACH, you can:

Schedule periodic transfers
Manage employee payrolls
Manage your federal, state and local tax payments

Most importantly, ACH services eliminate the need for paper transactions, which make your payments more secure.

Merchant Processing

At Oak Bank, we want you and your business to succeed. With credit card processing services, you can boost your sales. When given the option to use credit cards for transactions, our clients have higher purchase averages, which results in increased sales. With merchant processing credit card processing services, you can also minimize collection risk, shorten your collection cycle and improve your cash flow – all of which are great for the financial health of your company.

To help meet your business receive credit card payments, Oak Bank has partnered with Madison based Wind River Financial to provide an effective credit card processing solution for our business clients. While there are a lot of credit card processing options available, we chose Wind River Financial because their values and customer commitment are in complete alignment with ours.

Wind River Financial offers your business:

Competitive, transparent, sustainable pricing
At-will agreements with no contracts required
A dedicated relationship manager who will provide you with proactive customer support
The latest in payment technology and equipment
The tools and support your business needs to help your business protect and secure your data (PCI Compliance)

For more information about how Wind River Financial can help your business with your credit card processing needs, visit: https://www.windriverfinancial.com/. Or, contact an Oak Bank Business Banking Specialist today!

Positive Pay

Provide a “pay” or “no pay” control of exception items. Positive Pay matches the account number, check number and dollar amount presented against your account for payment to a list submitted by your accounting system, uploaded through our online business banking website. If the items presented do not match the file you submitted, you will receive and exception file and then you have the option to pay or return.

Wire Transfers

As your business banker, we want to guarantee that you can quickly and securely manage your banking affairs. With Oak Bank’s one-time wire transactions, you can safely wire a payment from one of your accounts to a recipient’s bank account, electronically. Our wire transfers can be done locally or internationally to foreign recipients. Contact an Oak Bank Business Banking Specialist for more information on our wire transfer services. Click on the buttons below to download either a domestic or international a fillable PDF wire transfer form. Either print and fill it out or fill it out on your computer. You will need to save it once complete to your computer and then use our Secure File Transfer to send the completed form to us.

Upload Wire Form Secure File Transfer Outgoing Domestic Wire Form Outgoing International Wire Form

*All completed Outgoing Wire Forms, received electronically, will be verified via telephone once received by our Deposit Operations Department. Wires will not be sent out without verification. All outgoing wire originators will be emailed a confirmation after completion.

IntraFi Network Deposits (CDARS)

Oak Bank is a member of the IntraFi Network Deposits (CDARS) network. As a member of this network we are able to protect your accounts of $250,000 or more. Click here to learn more about how IntraFi Network Deposits work or contact treasurymanagement@oak.bank.

Meet Our Treasury Management Team

Stephanie East
Treasury Management Officer
Phone: (608) 250-5526

Amber Lehnherr
AVP - Treasury Management
Phone: (608) 250-5549

Let our team help you figure out which account is best for your business. We can help you understand the features and benefits of each account and the services available to streamline the handling of your funds. Call or email treasurymanagement@oak.bank today to get started and find the right solutions.