KNBT, a division of National Penn Bank, offers a suite of flexible, integrated Cash Management solutions that are designed to help meet your strategic goals by efficiently and effectively managing your working capital. Cash Management empowers you with access to the strategic tools you need to maximize returns, minimize costs and effectively manage your daily cash flow. Take advantage of the following Cash Management solutions to help leverage every opportunity to improve productivity for your business.

Business Sweep Accounts

• With KNBT’s Business Sweep Account, you can increase your earnings potential by investing your excess available funds in an Overnight Repurchase Account. Each night, your available funds are swept into the Overnight Repurchase Account and then transferred back to your Business Checking Account the next morning for easy access.
  
  
• With KNBT’s Line of Credit Sweep Account, your excess funds will automatically be applied to the outstanding principal balance of your KNBT Line of Credit. Any remaining excess funds will then transfer to an Overnight Repurchase Account. If needed, funds will be advanced from your KNBT Line of Credit to cover negative checking account balances.

Zero Balance Accounts
KNBT’s Zero Balance Account ensures that funds do not stand idle in multiple accounts, and eliminates the need to initiate account transfers. With this convenient service, funds are automatically transferred to or from the master operating account at the end of each business day, in order to offset the net activity in each zero balance sub-account.

Online Cash Management
Enjoy the convenience of accessing your business account information 24 hours a day. It’s an efficient way to manage your working capital and conduct financial transactions safely and securely – direct from your PC.

Transfer funds between accounts. Review detailed account information. Create custom reports. Pay taxes. Process stop payments. Request copies of cancelled checks, deposit slips or statements. Originate ACH transactions and wire transfer with dual control safeguards. Perform Account Reconcilement with Positive Pay.

Account Reconcilement With Positive Pay
Increase control and security over your funds with our Account Reconcilement Services. Multiple data reporting options are available to assist you with reconciling your checking account to your internal accounting records. Select the Account Reconcilement option that best meets your business need.

• Full Reconcilement Service provides you with a listing of both paid and outstanding checks.
• Partial Reconcilement Service provides a paid check listing only.

An additional feature of Account Reconcilement is Positive Pay. This convenient service helps to protect you against check fraud by validating presented or clearing checks so that you can return unauthorized checks posting to your account.

Automated Clearing House (ACH) Services
ACH services allow you to initiate and manage electronic transactions with ease. You’ll save time and streamline your cash flow with the following services:

• Direct Deposit Processing of Company Payroll
  Save your employees time and trips to the bank by choosing Direct Deposit. This cost-effective service allows you to electronically distribute your company payroll into employee bank accounts and eliminates the need to write paper checks. You'll spend less time managing payroll and feel secure knowing that paychecks can't be lost or stolen. Your employees will appreciate this safe, confidential and convenient service.
  
  
• Cash Concentration
  Our Cash Concentration service allows you to accumulate funds quickly and efficiently from multiple bank locations. Your funds will be available to you the next morning.
  
  
• Collection of Payments
  Collection of payments via ACH is an ideal way to collect payments from your customers. It will save your company time and money and improve your collection rates. Your customers simply authorize an electronic debit from their account. Funds are then electronically transferred from your customers' accounts to your account at KNBT on the specified date. Your customers will appreciate having a payment option that is reliable, accurate, on time and confidential.
  

Master Escrow Account
KNBT’s Master Escrow Account is a comprehensive and convenient way for managing multiple clients’ escrow funds. Recordkeeping is kept easy by linking a single master checking account to multiple clients’ sub accounts and generating one single consolidated statement. With a Master Escrow Account, you’ll:

• Simplify recordkeeping – Each sub account has it own record of deposit,
  withdrawals and interest.
• Ensure accuracy and control – Funds are not co-mingled.
• Saves time – For your convenience, KNBT mails 1099’s directly to your clients.

Payroll Processing
A D Computer provides comprehensive and reliable payroll management solutions to meet your business needs. Save time with the convenience of payroll processing provided by A D Computer. With this efficient and cost effective service, you will reduce the time spent on managing your company's payroll each period. Feel confident knowing that you will receive exceptional service from your own personal payroll specialist. Your payroll specialist is ready to assist you with your daily payroll and reporting needs, including tax depositing and filing services for all federal, state and local payroll taxes. For more information, please click on the A D Computer logo below.

Merchant Card Services
Whether or not your business accepts credit or debit cards can make or break a sale. Accepting these payment methods can actually increase your cash flow, enhance customer service and improve your bottom line. So that your business can stay competitive, KNBT offers a full range of merchant payment processing services including major credit cards, debit cards, ATM cards and check guarantee services.

Imaging CD-Rom
With this value-added service, you’ll gain timely access to your check information. Electronic images of your checks are provided on a convenient CD-ROM, which eliminates the hassles of check storage and reduces the potential for check fraud.

Pricing packages for our Cash Management solutions can be tailored to meet your strategic goals and budget. For more information, please contact our Cash Management Specialist today!

Ann Hess Cash Management Officer	570-459-6712	ann.hess@knbt.com