Internet Banking is the perfect tool to let you manage your company’s money from home, the office, or on the road. Clients can conveniently and securely access their account through any Internet connection. This service will save your company time and help you keep track of your accounts. 

• Convenience Enjoy the convenience of 24-hour access to your balance information. From any Internet connection you will be able to review account balance information, and move funds between your accounts electronically.  Internet Banking helps perform numerous account functions electronically, including initiating wire transfers and ACH transactions.
  
• Security Employee identification codes help ensure your company's security. Rest assured that our state-of-the-art technology will provide you with the highest level of security.
  
• Save TimeUse Internet Banking to initiate wire transfers, originate payroll via Automated Clearing House (ACH), disburse funds via ACH, and apply stop payments to checks or ranges of checks.
  
• Improve Recordkeeping 
  With Internet Banking, you can view copies of cancelled checks and statements to help improve your reconciliation process.

Save a step and have your customers send their payments directly to us with Lock Box Processing. Let us use our experience and state-of-the-art equipment to process your receivables. You will benefit from improved float periods, lower administrative costs, and improved recordkeeping. 

• ExperienceWe process thousands of items per day from remitters all over the country.  Hickory Point Bank is one of the largest lock box processors in Central Illinois and serves clients ranging from large corporations to small businesses.
  
• Improved FloatConvert accounts receivable to cash more quickly by having the items sent directly to us and deposited the same day. 
  
• Lower CostsAllow us to take the burden of this administrative task. Our high volume, state-of-the-art equipment and efficient operation enable us to provide this service at a low cost to you.
  
• Improved RecordkeepingWe provide timely and detailed reports to help improve your recordkeeping.
  
• Low Cost Collected balances in your commercial checking account can offset the low monthly fee.

With Corporate Capture, scanned checks from your PC are automatically imaged and deposited through a secure Internet connection to your account at the bank.  Deposits are just a click away! 

Permanent images are stored at the bank, not on your PC.  In addition, our software will also detect potential duplicate checks, alerting you to make a decision about the deposited item(s) in question.  If desired, you may view the details of a deposit including a listing of the checks, as well as front and back images of the check.  You may also print a receipt for your records. 

Enjoy the convenience and ease of making deposits electronically 24-hours a day, 7 days a week from your home or office.  In addition, reduce the risk of check loss and save time on making unnecessary trips to the bank.  Let us help you get started.  It’s easy to set up and simple to use.  Corporate Capture is like having a 24-hour bank teller in your office!

With Check Reconciliation we process your paid checks and match them against your issued checks, saving you time and money, thus helping to improve your recordkeeping. 

• Save MoneyReduce administrative expense by redirecting this function to Hickory Point Bank.
  
• Save TimeA monthly detailed report will increase the accuracy and timeliness of your check reconciliation.
  
• Improve RecordkeepingEasy-to-read hard copy reports will improve your audit trail.

The Automatic Clearing House (ACH) is a secure network used to connect banks to each other. It is through this network that direct deposits, electronic payments, and fund transfers, are processed. The ACH network is also used for business-to-business payments, electronic payments, and certain local, state, and federal tax transactions.

The Commercial Money Market Account combines safety, liquidity, and competitive interest rates with the convenience of the Hickory Point Bank branch network. 

• LiquidityOriginate up to six pre-authorized withdrawals per month, three of which may be checks. Use any of our convenient branches to make deposits and withdrawals.
  
• Competitive Rates & TermsInterest rates are competitive. When a low minimum collected balance is maintained, the monthly service fee is waived.
  
• SafetyGain peace of mind knowing that as a bank deposit product, FDIC insurance is applicable.

The Investment Sweep provides an attractive investment vehicle for excess balances. Excess funds in your commercial checking account are automatically invested overnight to potentially enhance your company’s yield on its cash balances. 

• Earn Interest Funds above a specified “target” balance are swept from your commercial checking account to an overnight investment account. Tiered rates based on the colleted balances in the account, are tied to short-term market rates so you will receive a competitive return on your money.
  
• SecurityEnjoy the comfort of knowing funds are in a secure investment.
  
• ConvenienceThe bank performs the electronic transfer of funds automatically on your behalf based on your specifications.
  
• Low CostCollected balances in your commercial checking account can potentially help offset the low monthly fee.

Payroll Origination Services will make payday easier for you and your employees by reducing costs, saving time, and providing security. 

• Reduce CostsWe can provide direct deposit to reduce the costs associated with paper checks.
  
• Save TimeIf desired, a payroll account can be linked and funded automatically from your operating account. Direct deposit eliminates the need to prepare and sign checks for every employee, as well as unnecessary trips to the bank.
  
• SecurityDirect deposit may reduce instances of check fraud.

Check Collection