Guides & Articles on Banking

Bank CDs for Your Business Cash

Business certificates of deposit are more flexible than ever and offer higher rates

You're not on a shoestring anymore, and extra cash may be idling in your business checking account. Consider parking your cash in a bank certificate of deposit (CD), a time-based, fixed-income investment that can earn you extra income with no effort on your part. Here are three things you need to know: This is a great way to store your money at a higher interest rate than most...


Banker Education and Training for Tellers

Keep your teller's education current so they provide better service to your customers

Banking courses help bank tellers better play their important role as the face, voice and hands of a bank. Banking classes in customer service, security and money handling can be offered to tellers as:1. In-house banker education and training programs.2. Online banking classes.3. Seminar style banking courses.Banker education and training classes...


Banking Software

Streamline customer relations and keep sales on track with banking software systems

You know the front-end of banking software: ATM machines, online banking and banking by phone. But an entire revolution on the back-end -- the internal workings of banks and their far-flung branches -- has made that front-end customer possible. Online banking software systems now run transaction inside and between financial institutions, help private banks and investment fund...


Banking Supplies

Invest in the right banking supplies to increase your profits and support employees

Banking equipment and supplies include everything from deposit tickets to brochures on current financial products and banking programs to the equipment needed to run the bank. When purchasing banking supplies, you may look at the need for items like deposit tickets and cringe. Rather than look at paper products as a waste of money, look at the value they add. In many cases,...


Banks for Small Business

Not all business banking is created equal. Find the right banking institution for your small business.

Every banking institution has the same marketing message these days, either blue-gray corporate power, sunny, hometown simplicity or, ideally, both. But the reality is, some small business banks are good at servicing specific niches and types of businesses; other banks excel at completely different markets. A lot depends, too, on where you live. Banks have consolidated in recent...


Banks in Colorado

Select the right bank in Colorado to suit all your personal and business banking needs

The choices of banks in Colorado can seem overwhelming. Colorado commercial banks, Colorado banks offering mortgage and home equity loans, and Colorado banking services for consumers offer myriad accounts, services, and amenities. Finding the bank of Colorado that is just right will take some research, but it is well worth the effort.What specifics should you look for when banking...


Banks in Indiana

Find the right institution for your business banking in Indiana

From the sheer volume of transactions that most Indiana business banking accounts run through every month, to the needs of a business for lines of credit and treasury management, Indiana commercial banks know that your business account requires their special attention.While there are many local banks, Indiana also boasts quite a list of national banks in Indiana. No matter what...


Banks in New Jersey

Locate banks in New Jersey that you can trust with your company's earnings

Finding a banking institution is an integral part of launching your small business. Since there are numerous banks in New Jersey, you need to find one that can offer the best services for your company. You’ll find a wide range of New Jersey banking institutions within the state. Some New Jersey banks operate on a small scale with only a limited number of accounts servicing...


Banks in Puerto Rico

How to expand your small business banking needs into commercial banks in Puerto Rico

There is no Central Bank in Puerto Rico, but the U.S. Federal Reserve Bank takes on that responsibility.  The Federal Deposit Insurance Program also guarantees all deposits up to $100,000.Electronic banking is growing in popularity in Puerto Rico. There are also all basic banking services in Puerto Rico. Residents use Automated Teller Machines to bank....


Business Banking Rates and Quotes

Take advantage of the Web to shop for the best deals

When choosing a bank to do business with, you'll probably look at many factors — from monthly fees to the branch's hours and proximity to your office. But whether you're opening a simple checking account, looking for a loan, or investing, you'll want to check out interest rates before you settle on a financial institution. Interest rates can affect your...


Business Money Market Accounts

Use a business money market account to build up accessible cash

Business money market accounts (MMAs) are interest-bearing bank accounts that are invested in short-term securities through banks or credit unions. The benefits of a business MMA are many: they're convenient, earn you money, and are easy to access when necessary. Like a traditional savings account, an MMA allows you to make deposits and withdrawals, and transfer money. Unlike...


Cash Bags

Select money bags suited to your deposit size and transportation security needs

Cash bags offer security and ease of transporting your money. Bank deposit bags come in many sizes and material. Get cloth money bags in different fabrics. Fire security cash bags offer more protection but cost the most. Buy reusable bags, or order disposable money bags in bulk for greater savings.Choosing cash handling bags to fit your needs requires knowing how you plan to...


Checking Backgrounds Before Hiring

Make sure potential employees don't pose a risk to your company

The costs of a bad hiring decision can be devastating to a small company. But if you do your due diligence in screening candidates, you can cut down the number of problem hires and mitigate the risks inherent in staffing your company. When screening candidates you want to: Stay within constraints as dictated by candidates' right to privacy. Notify potential employees, when...


Choosing and Buying Business Checks

Facilitate bill-paying and record-keeping with the right checks

When you open a business checking account, it's customary to order your first set of checks through the bank. However, on subsequent orders, your bank may not be the best bet for checks. Independent check printers generally offer a wider selection at a lower cost. They usually offer faster service, too. Although business checks are relatively inexpensive, they serve a number...


Commercial Banks

Choose from thousands of commercial banks to find the one for your small business

Choosing a commercial bank is a crucial step to make early in your business's life cycle. Often, the first transaction between businesses and commercial banks involves significant loans, so investigating financial institutions' lending practices is a must. To secure a loan from US commercial banks, small businesses must submit an application and a business plan. Before...


Corporate Credit Unions

Corporate credit unions offer essential financial services to employees.

Corporate credit unions are an essential component of many large organizations. Business credit unions offer banking services, discounts, and other cost savings to employees. Credit unions for businesses are an important step towards financial security and freedom for many employees, leading to reduced turnover and improved productivity.Credit unions for corporations are necessary...


Credit Union Jobs

Community spirit and financial know-how can come together into a rewarding credit union career

What's the difference between a credit union and a bank?The Frank Capra film It’s a Wonderful Life offers a good, if simplified, illustration of the difference between credit unions and other financial institutions. Where the Bailey Building and Loan put community needs ahead of profit, Potter’s bank was out to make a profit regardless of the harm it brought to the...


Deposit Slips

Know your options on bank deposit slips for your business

Although your bank supplies you with bank deposit slips, you may need more. You can buy your business deposit slips online. Business deposit slips come in booked deposit slips, laser deposit slips and 3-on-a-page deposit slips. You can also make your own printable deposit slips. Always look for special deals on deposit slips for companies; many vendors offer them.When buying...


Investment Banks Online

Securing an online investment bank that will work for you

Many individuals choose to use Internet investment banking as a convenient avenue to make and monitor investments. Through investment banking online services, trades and purchases can be made at various hours of the day with just a few clicks of the mouse.It is always best to research the company that you choose to invest with. Make sure that they are a reputable company and take...


Money Orders

How to purchase and accept secure U.S. and international money orders

Financial transactions move our world. There are reasons why, as well as reasons why not, to turn to money orders as a means of conducting business. As in any monetary exchange, use money orders to your advantage, and avoid using them when they could pose a risk.Money orders are safe substitutes and an alternative to writing checks. If you lose a secured money order, you can have...


Online Banking for Small Business

Got a small business? Online banking solutions can simplify accounting tasks

Online banking small business accounts aren’t the wave of the future – they’re how many small and mid-sized businesses already handle their banking. If you’ve been resisting the change from traditional banking to online banking for small business needs, it may be time to take the plunge. Today’s banks have a plethora of small business Internet banking...


Opening a Business Banking Account

When choosing a bank partner, relationships can matter as much as interest rates and services

Opening up a business bank account takes just minutes, but building a quality relationship with your bank can take years. Find a banking team that is truly excited about your business. The banking team should also be able to: Explain its services clearly and how they can benefit your company. Analyze your credit needs and explain if the bank can meet them. Explain reporting...


Setting Up Internet Bank Accounts for Businesses

Virtual banking for small businesses is the key to success

For over a decade now, individuals have been using Internet bank accounts to make their lives easier. However, businesses have been slower to accept and utilize the conveniences of online banks. In an age where businesses are trying to streamline and automate as many business activities as they can, it only makes sense that this philosophy should also be applied to their...


Small Business Online Banking

Get out of the line and back to making money by banking via the Web

Online banking is now a decade old, yet many small business owners have been slow to take advantage of the speed and simplicity it offers. It's not surprising that people are hesitant, but financial institutions have a huge motivator – money – to get you out of their lobby and away from costly tellers. Banking online can be a boon for small business owners who want...


State Employees Credit Unions

Consider a state employees federal credit union over a traditional bank

A traditional bank isn't for everyone. When people qualify for a credit union, that can be the right choice. A credit union is organized as a non-profit organization, where the customers act as the board of directors.One of the largest types of credit union is a state employee credit union. In many areas, credit unions for employees of the state are also open to other...