Community Bank Supports Local

Improve cash flow with BSB Lockbox Services

As a business owner, cash flow is essential. But making daily check deposits can be a hassle. Lockbox banking simplifies the accounts receivable process to save time and energy, manage risk, and improve cash flow.

The Bennington State Bank processes your payments by retrieving your mail from the Post Office each day, depositing your funds, and sending you back a file in your desired format. Mail is handled in a secure environment, all while saving you time and money.

Improve Accuracy

Partnering with The Bennington State Bank Lockbox Services can improve accuracy of data management and help prevent internal fraud by separating cash processes, enhancing profitability by expediting cash flow.

Manage Risk

Reduce your risk during a disaster, improve accuracy of data management and help prevent internal fraud. Increase audit controls by separating the receivables and payable process and automate posting from daily files.

Customized Reporting

Access reporting easily! We give you reporting files customized to integrate with your processes. View deposit detail and reporting online or receive files through transmission or Secure File Transport Protocol (SFTP).

How Lockbox  Services Benefit Your Business

Contact us to learn more!

Timely & Accurate Information

One of the most beneficial aspects of lockbox services is that your business receives timely information on the receipt of your payments as the deposits are processed. This gives you immediate visibility to your cash flow!

Faster Payment Processing

Enhance profitability by expediting mail processing of receivables and clearing float. Lockbox services are specifically designed to reduce the amount of time a check is in the mail and ultimately deposited into your business’ account.

Reduce Processing Cost

Eliminate deposit preparation, bank trips, and data entry, while improving customer service and response times!

Secure Disposal

The Bennington State Bank will securely image, archive, and shred your secure information for ultimate privacy and peace of mind.

Customer support team ready to answer banking questions, customer service, customer care team, local banking

Why use lockbox?

Let us do the business operation work for you!

✔ No need to prepare deposit slips or drive to the bank

✔ Improve customer service and response times

✔ Customized for your needs

✔ Enhanced storage and data retention 

✔ Same day deposits

✔ Improves cash flow

Contact Us To Learn More

We want to help you take your business to the next level.

At BSB, we focus on fostering long term relationships with customized solutions and access to local decision makers.

Contact Us