Michelle Brennan joins leading community bank to deepen relationships with customers, local businesses
ย Perkasie, Pa. (October 2023) โ Penn Community Bank is proud to welcome Cash Management Sales Team Leader Michelle Brennan to the largest mutual bank in eastern Pennsylvania. Michelle, a graduate of York College, joins the institution with over a decade of experience in the industry.
โIโm excited to be a part of the Penn Community Bank team and am passionate about providing customized solutions and support for each businessโ unique needs,โ says Michelle. โWe offer the relationships you want with the tools and pricing you need. Though our relationship-first approach, weโre laser focused on helping your business take the next step.โ
Cash Management
Keep your bottom line growing with cash management solutions that put your cash to work for your business every day. Our data-driven money management tools are built on the financial technology that business owners like you need.
ย Collections
- Remote Deposit Capture: A fast, efficient and secure way to make deposits 24/7 without making a run to the bank.
- ACH Services: Initiate ACH collection files to a single payor or group of payors for a secure, convenient payment method.
Disbursements
- Wires: Transfer funds securely between your Penn Community Bank business account and other accounts โ including domestic and international wire transfers โ directly within online banking.
- ACH Services: Give your employees and vendors a faster, safer way to access their money by initiating direct deposit payments through Automated Clearing House (ACH) services.
Fraud Protection
- ACH Positive Pay: Review ACH debit and credit transactions to confirm that your company had previously authorized the transaction.
- Check Positive Pay: Matches the account number, check number and dollar amount of every check presented for payment against a list of previously authorized checks.
Other Products and Services
- Sweep Account: Automatically transfer cash that exceeds a set threshold into an interest-bearing account at the end of each business day.
- Zero Balance Account: Create a master business operating account and automatically disburse funds as needed throughout the day to linked accounts. At the end of the business day, funds are automatically moved from disbursement accounts back to the master account.
- Commercial Line of Credit Sweep: Improves cash flow and reduces interest expenses.
ZEscrow
ZEscrow is a modern escrow and subaccounting service that accommodates a wide range of businesses and special use cases. With secure online access, organizations can manage virtually all escrow and subaccounting tasks without sending another fax, touching another paper tax form, or calling customer service. The platform works seamlessly with Penn Community Bankโs software, meaning that business owners can access all the critical information from their online business banking portal. Other benefits include:
- Speed โ ZEscrow allows you to monitor and manage your escrow and subaccounts online, 24/7.
- Efficiency โ No more faxing signed forms, no more phone calls to check balances or make changes.
- Compliance โ Regulatory compliance is built in, including W-9s and other tax paperwork.
- Flexibility โ Our escrow and subaccounting platform excels at unusual and complex workflows.
- Cost-effectiveness โ As a commercial banking client at Penn Community Bank, you may even be eligible to use ZEscrow free of charge.
Merchant Services
Penn Community Bank understands that your businessโ customers can be anywhere. And no matter where they are they expect you to accept their payments easily and securely. Thatโs why we offer crucial Merchant Service solutions through our partnership with Elavon, an industry leader for 25 years in payment acceptance. No matter what type of business you own we have a solution for you, including:
- In-person, online and mobile payment processing
- Smart terminals, chip card/EMV terminals and tablet point of sale systems
- eCommerce and online shopping carts
- Loyalty and gift card programs
- Access to mobile wallet payments including Apple Payโข and Android Payโข
- Next Day Business Funding
Connect with Michelle or a member of her team today to learn more about Penn Community Bankโs Cash Management services. Visit penncommunitybank.com/contact/ย to schedule an appointment or call 215.788.1234.
About Penn Community Bank: Penn Community Bank holds more than $2.6 billion in assets, employs more than 300 people, and offers banking, lending and investments at 20+ bank financial centers and administrative centers throughout Bucks and Montgomery counties, Pennsylvania. As an independent, mutual financial institution, Penn Community Bank is not publicly traded and operates with its long-term mission in mind: to help businesses grow and prosper, to provide financial resources to individuals and families throughout their lifetimes, to strengthen the local economy, and to partner with local organizations to act as a catalyst for positive growth in every market it serves.
