Property Management and
Home Owner’s Associations
We understand that real estate professionals require sophisticated cash management tools and regular, thorough reporting to successfully manage their business. Our skilled customer service staff and state of the art web-based products provide creative solutions to meet the needs of the real estate industry. You can rely on our experienced team of banking professionals to provide an on-going analysis of your operations with recommendations for ways to optimize cash flow and return.
Why Puget Sound Bank?
- Our customer service group provides highly responsive service with superior attention to detail
- We offer a consultative approach to providing solutions to our clients banking needs
- Our web-based tools are sophisticated and easy to use
- Our array of deposit accounts provide competitive yields and maximum flexibility
- Credit decisions are made by experienced local bankers
You need Puget Sound Bank Solution
On-Line Services
- View images of paid items (front & back)
- View real time internal transfer reporting and view current day cash position
- Access 3 months of bank statements on-line
- Initiate stop payments
- Initiate wire transfers
- Email alerts for incoming ACH credits/debits
Collection Services
- Image Direct (Remote Capture) – scan and electronically transmit deposits from your desktop until 7 pm for same day credit.
- Courier Services allow you to receive same day credit on deposits received prior to 5 pm
- ATM Depository access
- Lockbox with same day reporting of remittance detail
- Concentration of cash balances via ACH
- Armored car service
Disbursement Services
- Positive Pay
- ACH Origination
- On-line Bill Payment Services
- Zero Balance Accounts
Statement Consolidation
- Receive statements for multiple accounts in a single envelope
Detailed Analysis Statement
- All accounts combined on analysis to maximize balances available to offset monthly service charges
Investment Services
- Automated high-yield investment sweep account
- Competitive rates for certificates of deposit and money market accounts
Credit
- Commercial lines of credit
- Term loans for repair and renovation of common areas, building upgrades and equipment purchases
- Automated Loan Sweep to minimize interest expense
Mary Francis VP, Cash Management Manager, Property Management and Home Owners Associations Specialist