Business

Treasury Management Services

Managing cash flow shouldn’t slow your business down. Our Treasury Management Services give you tools to streamline payments, strengthen security, and create predictable, efficient financial operations, so you can stay focused on running your business.

Business Banking Solutions to Power Your Success

Running a business takes focus, agility, and the right financial tools behind you. CoVantage delivers full‑scale business banking solutions that help you manage cash flow, streamline operations, and keep your business moving forward. Whether you’re just getting started or scaling to the next level, our team is here with powerful Treasury Management services built for every size and stage.

Commercial Digital Banking
Manage your finances with powerful digital treasury tools
Business Bill Pay
Simplify your payment experience
ACH Origination Services

Receive funds or make payments to your vendors

Sweep Accounts

Automatically transfer surplus balances from your business checking account to a deposit account or line of credit.

Commercial Wire Transfers
Send and recieve funds for SAME-DAY settlement
Positive Pay

Protecting against payment fraud

Commercial MyCoVantage

Manage your finances with powerful digital treasury tools

MyCoVantage Commercial platform gives you secure, centralized access to all your Treasury Management services from account oversight to payables and receivables processing. Customize user permissions, set transfer limits, and export financial data to your preferred accounting tools. It’s everything you need to manage your business finances efficiently, all in one place.

Positive Pay

Protect your business from payment fraud

CoVantage offers Check, Check with Payee, and ACH Positive Pay services to help safeguard your accounts from unauthorized transactions. By matching issued payment details against incoming activity, Positive Pay flags discrepancies before they post—giving you control over what gets paid and what gets returned. It’s a proactive, secure way to reduce fraud risk and protect your bottom line.

ACH Origination Services

Simplify payments and strengthen cash flow 

CoVantage offers ACH Debit and Credit solutions that help businesses collect receivables faster, automate vendor payments, and streamline payrollall while reducing manual errors and fraud risk. With secure, efficient tools for managing incoming and outgoing funds, ACH Origination gives you greater control over your cash flow and more time to focus on growing your business. 

Commercial Wire Transfers

Move money fast—domestically or internationally

Wire Transfers make it easy to send and receive funds—domestically or internationally—with same‑day settlement options. Businesses can initiate one‑time or recurring wire transfers, track payments in real time, and set user permissions for added control. It’s a secure, efficient way to manage high‑value transactions and keep your business moving.

Sweep Accounts

Improving your liquidity and operational efficiency

Automatically transfer surplus balances from your business checking account to a deposit account or line of credit; helping you reduce interest costs, pay down debt, and maximize daily earnings. With customizable thresholds and automated transfers, you’ll maintain optimal liquidity without manual effort. It’s a smart way to improve operational efficiency and ensure funds are available when you need them.

Business Bill Pay

Simplify your business payments

Bill Pay makes it easy to manage expenses, track spending, and control payment permissions all from one secure online platform. Pay bills anytime, anywhere, and reduce paperwork with automated recordkeeping and customizable audit reports. With built-in controls and full visibility through MyCoVantage Commercial, you’ll streamline your payment process and stay on top of your financial operations

Treasury Management FAQs

Learn more about Treasury Management
Treasury Management (TM) is a suite of business banking tools that help you manage payments, cash flow, deposits, and financial operations more efficiently. TM services help businesses automate payments, reduce fraud risk, and optimize account balances. 
MyCoVantage Commercial is our new digital banking platform built specifically for business members. It offers a single sign in portal where businesses can access the Treasury Management tools including ACH origination, wire transfer initiation, sweeps, reporting, and more. MyCoVantage Commercial will be accessible to all members beginning February 18, 2026. 
No. Based on in-house records and data, CoVantage has identified a subset of current business members who would benefit from using the new enhanced platform, which includes the new Treasury Management products. These members will be contacted about migrating to MyCoVantage Commercial. Other current business members—as well as new members who join CoVantage—will also have the opportunity to enroll if they choose. 

Launching in late 2026: 

  • Commercial Bill Pay for Accounts Payable + Accounts Receivable automation 

Yes. Pricing varies by service and may include: 

  • Module fees (ACH, Wires, Reporting) 

  • Peritem ACH costs 

  • Sweep account monthly fees 

  • Business RDC monthly fee ($50) 

You may offset some fees using Earnings Credit depending on your account type. 

Some business checking accounts will be transitioned into new categories—Small Business, Business, and Commercial—based on balances and transaction volumes. 
Public Funds and NotforProfit accounts will not change. The timing of these changes has not been determined, but you will be notified in advance of any changes to your account.  

A sweep automatically transfers funds between linked accounts at the end of each business day to maintain a target balance or reduce borrowing costs. 

Types include: Investment Sweep, Line of Credit Sweep, Three‑Way Sweep, Zero Balance Account (ZBA), and Threshold Balance Account (TBA). 

Sweeps help businesses: 

  • Avoid overdrafts 

  • Reduce interest expense 

  • Reduce manual fund transfers 

  • Maximize dividend earnings 

  • Simplify cash‑flow management across multiple accounts

Let's Streamline Your Business Finances

Our Commercial Team is ready to help you choose the right Treasury Management services for your organization:

  • Enhanced fraud protection
  • Faster and more predictable cash flow
  • Automation that reduces manual work
  • Seamless integration with MyCoVantage Commerical online banking

With local experts who understand your business, we’ll help you build a financial system that works as hard as you do.

Call 800-398-6495 or connect with a Commercial Lender today.

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      Important information about procedures for opening a new account.
      To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

      *Checking account must maintain a minimum daily balance of $500.00 to earn a dividend.

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