Treasury Management Solutions
As a business, you have unique needs when managing your finances. That’s why at ELGA Credit Union we believe that our services are perfect for helping you reach your financial goals. Our credit union is dedicated to serving all business sizes and helping to optimize their finances.
- Payable Solutions: ACH, Wire Transfer, Payroll
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- Simple and secure expedited payment solutions for efficient cash and invoice management
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- Receivable Solutions: ACH, Business Remote Deposit Capture
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- Streamline collections and receive payments faster to maximize cash flow and mitigate fraud risk
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- Fraud Prevention: Positive Pay
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- Help members in being proactive against the risk of loss and protect their business should fraud occur
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Remote Deposit Capture
Remote Deposit Capture offers the ability to scan multiple checks, including high-value checks, directly to us from the comfort of your office. Your business can deposit on your schedule via an electronic deposit, and funds will be available as soon as the next business day.
- Convenience: Deposits checks when convenient for you, one at a time or in a branch.
- Flexibility: Gains access to later deposit cut-off times.
- Savings: Significantly reduces collection float.
Click here to view full product guide.
Positive Pay
As a business owner, you shouldn’t have to worry about check fraud. Using our Positive Pay service, you will gain peace of mind knowing that you can mitigate risk, reduce losses, and increase account security. You will benefit from reduced errors and faster reconciliation.
- Flexibility: Digitally confirms check information.
- Security: Ensures only valid checks get cashed.
- Protection: Prevent unauthorized payments.
Click here to view full product guide.
ACH Origination
Using ACH Origination, you can initiate electronic business payments, including direct employee deposits, payments to vendors and suppliers, collection of periodic dues or memberships fees, transfers to or from non-credit union accounts, and State and Federal tax payments.
You can create and manage as many payees as you’d like. All recipient detail is stored in a secure database of payment instructions that includes payee details and relevant banking information.
Features:
- Control: Manage your cash flow.
- Cost-effective: Lower transaction fees.
- Convenience: Schedule your payments in advance.
- Secure: Reduces risk inherent with paper checks.
Click here to view full product guide.
Domestic Wire Transfer
Efficiently managing your business requires reliable, on-time payments to your vendors. Wire transfers are a simple, secure, and practical way to transfer funds while giving your business additional time to manage your receivables. Our digital platform allows you to manage these payments at your convenience, to provide peace of mind that your business is taken care of.
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Merchant Services with Integrity One
- Saves Time: Accept Payments for credit cards, debit cards, and mobile wallets with versatile card readers.
- Convenience: Enable online payment processing for highly integrated e-commerce systems or even the most basic storefronts.
Payroll Services with Inova
Are you looking for a smart solution that simplifies your payroll process? Do you want to receive the same service levels you work hard to provide to your customers? Looking for tax filing peace of mind and time and labor integration?
- Convenience
- Self-service for managers and employees
- Time clock options include online, mobile, biometric, proximity, and barcode
- Payment options: direct deposit, electronic checks, paper checks, pay cards
- Ease of Use
- Simple online payroll and HR supported by our award-winning customer service team
- Self-service for managers and employees, providing online access to paystubs and W-2s
- Time clock options include online, mobile, biometric, proximity, and barcode
- Security
- Advanced security protocols ensure your data is safe and secure
- Saving Time
- 100+ reports with flexible filters for access to the information you need when you want it
- Expert specialists will handle your payroll taxes, compliances, and any notices
- Nationwide federal, state, and local tax filing, depositing, and reporting
Click here to view full product guide.
Meet our Treasury Management Team!
For further details, please see our Rate and Service Charges Disclosure.
Interested in a Treasury Management Solution?
Let’s get started! Just call 810-715-3542 or fill out the form below and we’ll get right back to you.




