Disbursement Tools

ACH Services

• Safely and efficiently move money through the Automated Clearing House (ACH)—same day origination available
• Eliminates the expense and hassle of paper checks and wire transfers
• Ensures secure and accurate processing of each file received
• Transmit files easily through Lake City Bank Digital

Lake City Bank Digital Bill Pay

• Easily disburse funds without writing checks

SurePayroll

• Easily access payroll records and take fewer trips to the bank
• Comply with payroll tax — it’s accurate and guaranteed
• Use our free, downloadable labor law posters for your business to help stay in compliance with government regulations
• Adjust employee hours and pay rates every pay period
• Provide free direct deposit and employee access to online pay stubs
• Take advantage of our comprehensive federal, state and local tax filing service
• Get unlimited support from U.S.-based payroll experts
• For more information and a demo, click here

Controlled Disbursement

• Receive check clearing information the day a check posts to better calculate your daily cash position or take advantage of investment opportunities
• Checks are drawn on a separate routing and transit number associated with Lake City Bank to give you an early sneak peek
• Controlled Disbursement intercepts check information before posting and delivers it via Lake City Bank Digital by 12 pm ET

Zero Balance Account

• Lake City Bank’s Zero Balance Account is a stand-alone checking account that is tied to your master account that holds all funds.
• The Zero Balance Account is maintained at a set balance that you determine.
• As checks clear the Zero Balance Account, collected funds move from your master account to the Zero Balance Account so that you have peace of mind that your checks will clear.