Treasury Management
Day Air has teamed up with Tru Treasury to offer our business members a suite of treasury management tools designed to optimize their financial operations, enhance cash flow, minimize costs, and mitigate risks. Day Air Treasury services include ACH origination, check scanning, wire transfers, among others, all tailored to ensure the security and safeguarding of your assets, which is our utmost concern.
Experience Better Cash Management
Check Scanning
A secure and quick solution for check deposits.
Merchant Services
Efficient payment processing for your business.
ACH Origination
Quick and accurate transaction processing.
Wire Services
Reliable, on-time payments to your vendors.
Positive Pay
Protection to help prevent fraud loss.
Desktop Check Scanning
Our desktop check scanning solution, also known as Business Remote Deposit Capture offers you the ability to scan multiple checks, including high-value checks, directly to your Day Air business account from the comfort of your office.
DEPOSITS MADE EASY
• Convenience: Deposit checks when it’s convenient for you.
• Flexibility: Gain access to later deposit cut-off times.
• Savings: Significantly reduce collection float.
ENJOY THE EFFICIENCY
• Scan multiple checks within a single batch.
• The deposit ticket and check images are processed and deposited into your Day Air business account.
• Funds are available as soon as the next day.
Merchant Services
Efficient payment processing can be the most effective way to grow and manage your business. Whether you accept payments in person, online, or on the go, we have the solutions for your merchant service needs. Your business will receive all of the technology needed to start accepting credit and debit cards.
• 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.
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.
Wire Services
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.
Convenient
Real-time, optimal exchange rates.
Ease of Use
Track domestic wires with a Fed reference number.
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.
Security and Protection
Ensures only valid checks get cashed and prevents unauthorized payments.
Flexibility
Digitally confirms check information.
Get Started
To get started with Day Air treasury management services, fill out the easy form below and we will reach out to you to begin finding the best solutions for you.
Treasury Management FAQs
What is Treasury Management?
Treasury Management refers to a number of financial processes, with the ultimate goal of managing liquidity and mitigating its operational-, financial- and reputational risk. Treasury Management includes all the activities and processes involved in managing money for a business. This includes tasks like investing, risk assessment, and daily operations including cash management to meet payment obligations, planning for future payments and maintaining financial stability.
What is the difference between Treasury Management and Finance Management?
The key difference between treasury management and financial management is that treasury management focuses on the organization’s short-term liquidity and financial risk, while financial management focuses on the organization’s long-term financial performance and strategy.
Who is Tru Treasury?
Tru Treasury is a Credit Union Service Organization (CUSO) established by Credit Unions for Credit Unions. Tru Treasury’s mission is to provide credit unions, like Day Air, with treasury management expertise and the scalability to grow. They provide the tools, expertise and products to deliver leading treasury solutions to Day Air’s business members.
What services are best for my business?
The Day Air business team would love to meet with you to go over your specific needs. An initial consultation would allow our team to evaluate your current services, and provide suggestions on improving financial and operational risk management. To get started, simply fill out this form, or email business@dayair.org.
What do these products and services cost?
Cost depends on what you decide is best for your business. Day Air’s team of local business experts will work with you to determine what best fits your needs and put a recommendation in place for you to make an informed decision.
What's the best way to contact a Day Air associate to learn more about Treasury Management Services?
The best way is to reach out the Day Air Business Banking team via any of the methods listed below:
- Fill out this form.
- Email business@dayair.org
- Call 937-643-2160
What information do I need to have to get started?
The general rule of thumb is to have your last two months of account statements. If you have had an especially busy month with a lot of account activity, it would be good to have that statement as well. However, the specific information you need will depend on the right solutions for you and your business.
We encourage you to reach out to the Day Air Business Banking team with any questions as you begin to prepare.
- Email business@dayair.org
- Call 937-643-2160