Treasury Management and Cash Management Services at NexTier Bank

ACH Origination and Collection

NexTier Bank supports full ACH origination for credits (payroll, vendor payments, tax remittances) and debits (customer collections, membership dues, recurring billing). Files can be uploaded in NACHA standard format or entered manually through the online treasury portal. Batch processing handles thousands of transactions per file, and same-day ACH is available for time-sensitive payments that need to settle before end of business.

For payroll departments, our ACH platform integrates with common payroll providers and supports pre-notification, return item management, and detailed reporting by pay period. Vendor payment files can be scheduled for future settlement dates, giving your accounts payable team the ability to stage payments in advance while maintaining control over the exact funding date. Every ACH transaction is protected by dual-authorization controls — one user initiates, another approves — reducing the risk of unauthorized payments.

Positive Pay and Payee Positive Pay

Check fraud remains one of the most common financial crimes affecting businesses in Western Pennsylvania. NexTier Bank positive pay eliminates this risk by matching every check presented for payment against a file of checks your company has actually issued. When a check does not match in number, amount, or payee name, the system flags it as an exception and sends an alert to your designated approver for a pay-or-return decision.

Payee positive pay adds a second layer by also verifying the payee name on the check against your issued file. This catches altered checks where a fraudster changes the payee while leaving the amount and check number intact. Exception items are presented through the online treasury portal with an image of the physical check, allowing your team to make informed decisions without visiting a branch. The daily exception window closes at 2pm ET, giving you ample time to review items each morning.

Wire Transfer Services

NexTier Bank processes domestic and international wire transfers through the Federal Reserve's Fedwire system and SWIFT network. Domestic wires submitted before 4pm ET settle same day. International wires support over 100 currencies and typically settle within 1-2 business days depending on the destination country and correspondent banking relationships.

Wire templates can be saved for recurring payments, reducing data entry and minimizing errors. All wire initiations require dual authorization, and dollar thresholds can be configured so that wires above a certain amount require a senior approver. For businesses that process high volumes of outgoing wires — real estate closings, international suppliers, intercompany transfers — NexTier Bank offers batch wire processing with a single approval workflow for the entire batch.

Lockbox Processing

NexTier Bank lockbox services accelerate your accounts receivable by routing customer payments to a dedicated PO Box processed by our operations team. Payments are opened, scanned, deposited, and posted to your account daily — often before your office opens. Digital images of checks and remittance documents are available through the online treasury portal for same-day reconciliation.

Wholesale lockbox handles high-dollar, low-volume payments typical of B2B invoicing, while retail lockbox processes high-volume consumer payments with coupon matching and automated data capture. Both configurations reduce your days sales outstanding by eliminating internal mail handling and manual deposit preparation. For businesses currently processing 50 or more incoming checks per week, lockbox typically pays for itself within 60 days through accelerated availability and reduced labor costs.

Zero Balance Accounts (ZBA)

Zero balance accounts allow your business to maintain separate checking accounts for different functions — payroll, accounts payable, departmental expenses, project-specific spending — while centralizing all cash in a single master concentration account. At end of each business day, each ZBA sweeps its balance to zero by transferring funds to or from the master account.

This structure delivers several benefits. First, your master account holds the maximum possible balance for earnings credit calculation, potentially offsetting all treasury management fees. Second, each ZBA provides a clean audit trail for its designated function without commingling transactions. Third, you can assign different authorized signers and approval limits to each ZBA, giving department heads spending authority within defined boundaries without access to the master account.

NexTier Bank supports unlimited ZBA structures under a single master account. Setup takes 1-2 business days, and your treasury specialist configures the sweep parameters, reporting hierarchy, and user permissions during onboarding. Many of our clients in healthcare, property management, and construction rely on ZBA structures to manage cash across 10 or more operating entities from a single NexTier Bank treasury dashboard.

Fraud Prevention and Security

Beyond positive pay, NexTier Bank treasury management includes ACH debit filters and blocks, allowing you to control which companies can debit your account through the ACH network. You can block all ACH debits, allow only pre-authorized originators, or set dollar limits per originator. Combined with dual-authorization on all outgoing payments and AES-256 encryption on every session, the NexTier Bank treasury platform meets or exceeds the security standards required by the Office of the Comptroller of the Currency for commercial banking clients.

Implementation and Onboarding

NexTier Bank assigns a dedicated treasury specialist to every new treasury management client. Your specialist conducts an initial workflow analysis — reviewing your current payment processes, receivable cycles, and fraud exposure — and builds a service recommendation tailored to your business. Implementation typically takes 5-10 business days from agreement execution, depending on the complexity of your setup.

During onboarding, your specialist configures user permissions, approval workflows, ACH company identifications, wire templates, and positive pay parameters. Training sessions are conducted on-site at your office or remotely via screen share for each authorized user. NexTier Bank does not charge for implementation or training — these are included as part of the treasury relationship.

After go-live, your treasury specialist remains your primary contact for service modifications, troubleshooting, and periodic reviews. Most treasury clients meet with their specialist quarterly to review transaction volumes, evaluate new service needs, and optimize pricing as their business evolves.

Earnings Credit and Fee Offset

NexTier Bank applies an earnings credit rate to the average collected balance in your business checking account. This credit offsets treasury management service fees on a dollar-for-dollar basis. The earnings credit rate is published monthly and adjusts with prevailing market rates.

For businesses that maintain significant operating balances, earnings credit can eliminate all or most treasury fees. A company holding $500,000 in average collected balances, for example, generates enough earnings credit to offset standard ACH, wire, and positive pay charges for most months. Your monthly analysis statement shows the exact calculation: average balance, reserve requirement, investable balance, earnings credit generated, total service charges, and the net amount due or credited.

This model rewards operational banking relationships. The more you consolidate with NexTier Bank — savings, merchant deposits, loan proceeds — the higher your average balance and the lower your effective treasury cost. It is a fundamentally different model from banks that charge flat monthly platform fees regardless of your deposit relationship.