Treasury Management Solutions
At Pioneer Bank, we understand that managing your business's finances efficiently is key to your success. Our Treasury Management services are designed to help businesses of all sizes streamline cash flow, enhance security, and optimize financial operations.
Take control of your business finances with Pioneer Bank's Treasury Management services—because your success is our priority.
{beginAccordion}
Treasury Management Tiered Savings Account
Take advantage of Pioneer Bank’s Treasury Management Savings account that works on the principle that more money gets you higher rates. This account also pays a higher interest rate and still allows you the flexibility to access your funds when you need them. Enjoy free Online Banking and eStatements and earn a better rate by reaching higher balance tiers**.
- $5,000.00 minimum deposit to open
- Compounded and credited monthly
- $5.00 service charge if balance drops below $5,000.00 any day of the month
- Three free withdrawals per month; $1.00 fee per withdrawal thereafter
- Monthly statements
- Free Telephone Banking
The interest rate will change on the first day of any month following a change in the Wall Street Journal Prime rate. The balance tier is determined by the average available balance for the periodic statement cycle.
| Tier | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| $0 - $49,999.99 6.00% Under Prime |
$5,000.00 | 0.25% (Minimum Interest Rate and APY = 0.10%) |
0.25% (Maximum Interest Rate and APY = 0.25%) |
| $50,000-$99,999.99 4.00% Under Prime |
$5,000.00 | 2.25% (Minimum Interest Rate and APY = 0.10%) |
2.27% (Maximum Interest Rate = 2.25% and APY = 2.27%) |
| $100,000-$499,999.99 3.50% Under Prime |
$5,000.00 | 3.00% (Minimum Interest Rate and APY = 0.25%) |
3.04% (Maximum Interest Rate 3.00% and APY = 3.04%) |
|
$500,000-$2,499,999.99 |
$5,000.00 | 3.75% (Minimum Interest Rate and APY = 0.25%) |
3.81% (Maximum Interest Rate 3.75% and APY = 3.81%) |
|
$2,500,000-$9,999,999.99 |
$5,000.00 | 4.00% (Minimum Interest Rate and APY = 0.25%) |
4.07% (Maximum Interest Rate 4.00% and APY = 4.07%) |
|
$10,000,000 |
$5,000.00 | 4.25% (Minimum Interest Rate and APY = 0.25%) |
4.33% (Maximum Interest Rate 4.25% and APY = 4.33%) |
The average daily balance method is used to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for this period.
Interest on non-cash deposits begins to accrue on the business day of deposit—for example, checks.
The interest rate and annual percentage yield may change at Pioneer Bank’s discretion as often as daily. Rates may change after account is opened.
Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
Accounts closed between statement cycles will not receive accrued interest.
Treasury Management Checking
At Pioneer Bank, we understand that local businesses are the backbone of the communities we live in. Our Treasury Management Checking account was designed with this in mind—to simplify business finances, so you can focus on your business and doing what you love. With Treasury Management Checking you can enjoy free Online Banking and Bill Pay, Mobile Banking and eStatements.
- $50.00 minimum required to open
- Best for businesses with more than 500 transactions per month
- Monthly statement with images
- $10.00 monthly service fee on balances below $10,000.00 any day of the statement cycle.
Interest on non-cash deposits begins to accrue on the business day of deposit—for example, checks.
The interest rate and annual percentage yield may change at Pioneer Bank’s discretion as often as daily. Rates may change after account is opened.
Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
There is a two-statement cycle grace period after account opening before the service fee is imposed
Accounts closed between statement cycles will not receive accrued interest.
Treasury Management Interest Checking
Treasury Management Interest Checking combines the tools you need to manage your cash flow with the benefit of earning interest. This account is perfect for businesses looking to maximize their financial efficiency and earn interest along the way. Plus, enjoy free eStatements and a free debit card to keep your business banking efficient and cost-effective.
- $50.00 minimum deposit to open
- Best for businesses with complex depository needs
- ACH manager, Wire Manager, Positive Pay, or Remote Deposit Capture
- Earn 0.25% interest and APY on your balance
- Free eStatements
- Free debit card
- $10.00 monthly service fee on balances below $10,000.00 any day of the statement cycle.
Interest on non-cash deposits begins to accrue on the business day of deposit—for example, checks.
The interest rate and annual percentage yield may change at Pioneer Bank’s discretion as often as daily. Rates may change after account is opened.
Fees, penalties, service charges and withdrawal of earned interest may reduce earnings.
There is a two-statement cycle grace period after account opening before the service fee is imposed
Accounts closed between statement cycles will not receive accrued interest.
{endAccordion}
Treasury Management Additional Products & Services
{beginAccordion}
Positive Pay
What it is: Positive Pay helps prevent check fraud by matching checks presented for payment against a list of those you’ve issued. Positive Pay can also help mitigate ACH fraud.
Why you need it: It gives you peace of mind by flagging suspicious items before they clear—protecting your business from unauthorized transactions. Positive Pay reviews the details of ACH transactions and checks based on a set of parameters you establish.
ACH Manager
What it is: ACH Manager allows you to send and receive electronic payments, including direct deposit payroll and vendor payments. You can also pull payments from customers or tenants.
Why you need it: It’s a fast, secure, and cost-effective way to move money—reducing the need for paper checks and streamlining your cash flow.
Remote Deposit Capture
What it is: Remote Deposit Capture lets you deposit checks right from your office using a secure desktop scanner.
Why you need it: Save time and trips to the bank by depositing checks on your schedule—speeding up access to your funds.
Business Online Banking
What it is: Business Online Banking gives you 24/7 access to your accounts, allowing you to manage balances, transfer funds, pay bills, and more.
Why you need it: It puts control of your business finances at your fingertips, anytime and anywhere, saving you time and improving oversight.
Wire Manager
What it is: Wire Manager allows you to securely initiate domestic and international wire transfers from your business account.
Why you need it: When you need to send high-value or time-sensitive payments, Wire Manager ensures they arrive quickly and securely.
{endAccordion}