Second-to-none in putting you first

With local expertise and timely delivery, we offer you the treasury management solutions you need to grow your business. Our specialized product suite is a "one-stop shop" that puts the control in your hands. Contact a business banker.

SERVICE THAT'S SECOND-TO-NONE

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Core solutions

Get a tailored approach to treasury management with the specific features and services your business needs. From card services to business checking, we help you find the right fit.

Account Solutions

Account Solutions

  • Business Checking - For larger businesses and non-profits with heavy transaction volumes and sophisticated treasury needs. Tiered earnings credit.
  • Interest Business Checking - For corporations seeking interest on their operating accounts.
  • Public Funds NOW - For municipal and public fund entities with heavy transaction volumes and sophisticated treasury needs. Tiered earnings credit and interest.
  • Public Funds Analysis - For municipal and public fund entities with heavy transaction volumes and sophisticated treasury needs. Tiered earnings credit.
Ideal for small businesses, sole proprietors, partnerships, small incorporated non-profits that have low monthly transaction volumes.
Ideal for small businesses, sole proprietors, partnerships, small incorporated non-profits that have low to medium monthly transaction volumes and some need for treasury management or other services.
Ideal for small businesses, sole proprietors, partnerships, small incorporated non-profits who need smaller minimum balances and that have low to medium monthly transaction volumes and some need for treasury management or other services.
A pooled interest business checking account for the deposit of client funds which pays quarterly interest to the Lawyers Trust Fund.
Ideal for small businesses, sole proprietors, partnerships, small incorporated non-profits looking to accumulate savings with tiered interest.
This account automatically transfers amounts that exceed, or fall short of, a certain level into a higher interest-earning investment option at the close of each business day. Types include:
  • Investment Sweep
  • Repurchase Agreement Sweep
  • Line of Credit Sweep
Automate payments while limiting excess balances. It allows your business to utilize excess funds instead of leaving them idle.
Send documents, securely and quickly, and electronically.
Ask about the following and more options to streamline your business:
  • Wealth Management Services - Employee Benefits and 401(k)
  • Personal Checking - Variety of checking account options for business owners and employees
  • Health Savings Account (HSA) - A tax-advantaged way for business owners and employees to pay for medical expenses—current and future—while earning interest
Receivables and Payment Management

Receivables Management

Old Second initiates ACH transactions, such as direct deposits, direct payments or tax payments, as well as rent collections and recurring premiums, using the ACH Network. Conveniently control and track your ACH transactions online.
With Old Second’s Remote Deposit Capture, you’ll be able to deposit receivable checks direct to your account without making trips to the bank. Your business receives a special check scanner, software, and training for your staff. Once O2 Remote Deposit Capture is set up, you can personally transmit deposits electronically through a secure internet connection. You’ll save time and travel expenses by avoiding multiple trips to the bank. And faster deposits means faster fund availability.
Use the camera on your own mobile device to capture incoming check payments. Includes free app. Just search for O2 Business Deposit in your app store.
With Old Second’s customized Lockbox Service, you can accelerate the collection of your business’s receivables which results in faster funds availability. Lockbox is an ideal solution for businesses that receive large volumes or large denominations of checks that need to be processed quickly and efficiently.
Directly exchange electronic documents with your business partners to enhance efficiency and accuracy.
Old Second’s Wire Transfer feature allows you to send and receive multiple wires associated with one or more accounts. You can also set up email notifications for incoming wire transfers and perform wire transfer approvals via mobile.
Initiate international transfers from O2 Online Banking in either a foreign amount or U.S. dollars.
International ACH is a cost-effective way to send funds overseas. Files are sent using NACHA SEC Code IAT (International ACH Transactions).
Old Second can empower your business to accept a variety of payment methods from your customers.
Utilize your existing mobile device to capture payments on site or on the go.
Payables

Payables

Controlled Disbursement is used to help regulate the flow of checks through your account by allowing only one daily processing window.
Old Second’s Wire Transfer feature allows you to set up and track multiple wires associated with one or more accounts.
Provide your employees an efficient, automated payroll deposit system.
Manage and archive your bill payments, set alerts, search, and more through O2 Online Banking.
Utilize Same-Day ACH and approve ACH batches via mobile.
  • Corporate credit/debit cards
  • Purchasing cards
  • Payday cards
  • Gift cards
Allows your company to upload a file of items to be paid via a secure SFTP (Secure File Transfer Protocol) connection. Once received, the file is validated and checks are printed and mailed on your behalf. Benefits Include:
  • Outsource bookkeeping
  • Eliminates in-house expenses
  • Save time
Fraud Prevention

Fraud Prevention

Streamline your ability to identify suspicious checks that do not match checks you have issued. All data is managed and transmitted securely through your O2 Online Banking account.
ACH Positive Pay clears only the checks and ACH items you have authorized. Unauthorized checks and ACH itens are prevented from clearing your account.
Block all ACH transactions from posting to your account, or choose to only allow specific transactions based on criteria you provide. If an item is presented against your account for payment and it is not included in our list of merchants to pay, it will be returned.
Trusteer Rapport is security software particularly beneficial to businesses with employees who have internet access. The software works in addition to any anti-virus or firewalls and includes: prevention of malicious browser tampering, disabling of key logging, removal of existing financial malware from end-user machines and prevents future infections.
Security Manager generates passcodes via text to the customer and works in conjunction with your current security features. Choose what products or rules trigger a passcode (such as ACH or Wire limits, BillPay limits or new payees), associate the service to specific Online Banking IDs, and set up multiple users.
O2's online security features also include user email address verification, token devices for one-time password entry into online banking, IP address restriction, and more.
Merchant

Merchant Card Processing

Accept a full range of payment types and mobile wallets with our mobile payment acceptance app, Converge™.
Whether you have a traditional storefront, an online business, or conduct business on the go, we have solutions to accept payments wherever your customers are.
Restaurants can choose from wireless smart terminals for pay-at-the-table and tipping, tablet-based payment options, and online and mobile ordering solutions. We facilitate the transaction from processing to payment funding.
Whether you need a simple hosted payment page or a completely customized experience, our eCommerce solutions make it easy for businesses to accept all payment types in a card-present or card-not-present environment.
Our payment services are designed to address the various needs of B2C, B2B, recurring billers (insurance, telecom, and cable/satellite), charities, membership organizations, and auto dealerships.
Level III Payment Processing streamlines your accounts receivable process, speeds up cash flow, and opens your business to new opportunities. Your customers will benefit from detailed transaction reporting, while your business will enjoy improved accounting and operations.

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