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Cash Management Solutions

Cash ManagementMore [+]

Cash Management simplifies your job, offers you more control, and most importantly, fits your budget. Understanding the basic concepts of cash management will take you a long way toward making sure your cash keeps flowing. We are here to help.

Simplify and optimize your financial operations with our cash management solutions.

  • Manage Cash Flow
  • Positive Pay
  • Online Banking

Cash Management

Positive Pay

What is it?

  • Cash management is online banking for businesses with the advantage of creating withdrawals or payments to and from accounts from any financial institution.

What can I do?

  • Create Direct Deposit files
  • Create ACH transactions
  • Create Electronic Payment of taxes
  • Check account balances 24/7
  • Pay Bills
  • View, print and download previous statements
  • Transfer funds between First Century Bank accounts
  • Download your information into Quicken®, Microsoft® Money and Quick Books®
  • Place stop payments
  • Advanced encryption technology protects the privacy of every transaction
  • Assign super-user status to an administrator

Additional Info:

  • A super-user grants security levels to anyone you designate
  • Wire Transfer Discounts
  • Positive Pay is included

What is it?

  • Positive Pay is an automated fraud detection tool that matches the information on each check presented for payment against a list of checks previously issued.

What can I do?

  • Reduce Check Fraud
  • Increase Security
  • Upload list of checks
  • Receive notification of mismatched checks

Additional Info:

Click here to have a specialist contact you with more information.

Remote Merchant CaptureMore [+]

Turn your office into a teller window and save time and money by eliminating unnecessary trips to the bank with Virtual Teller. With our secure software and easy to use desktop scanner, you can deposit checks electronically!

Virtual Teller is a one-stop solution that includes electronic payment processing, online reporting, and risk management services.

  • Cut Expenses
  • Bring the bank to you
  • Receive funds faster
  • Realize reduced operating costs
  • Save time - fewer trips to the bank, less manual copying
  • Save money - less gas, less paper, and lower staff time away
  • Enjoy extended banking hours - make deposits on your schedule
  • Find out about returned items quicker
  • Receive funds faster
  • Convert check into electronic transactions
  • Access online check images, deposits and reports for 24 months
  • Export customized business data or download to your accounts receivable system
  • Provides multi-level security access with equipment that takes up very little space
  • Easy implementation with a step-by-step process for daily deposits, including no-cost secondary verification

Call us today at 423-626-7261 or 865-947-5485 (Knoxville Area) or stop by any First Century Bank location to inquire about our complete list of business services.

Bank at WorkMore [+]

Providing exclusive benefits to you and your employees. Bank at work is designed for our valued business customers and includes a package of premium financial services.

  • Access to great rates
  • Employee Benefits
  • Free Business

Bank at work is a program that businesses can include in their benefits package that helps decrease cost and increase employee satisfaction by offering a premium financial package that you and your employees will find rewarding.

Benefits Include:

  • Cash Management & Bill Pay
  • Free Bank at Work Checking Account
  • First order of checks free
  • Enjoy savings with lower loan rates
  • Money back on closing cost
  • Increase savings with higher deposit rates
  • CenturyLine Telephone Banking
  • And More!

Employees will enjoy all the benefits as well and take pride in banking with an institution that has stood the test of time since 1899

Merchant ServicesMore [+]

If your business is not currently accepting credit cards and debit cards, you may be missing out on substantial revenues. With Merchant Services, you can accept credit cards, debit cards, gift cards and electronic checks to help improve your cash flow and simplify your processing.

Give your customers the convenience of choosing which way is easier for them to pay and help increase the sales for your business.

  • Customers convenience
  • Increase Sales
  • Program tailored just for you
  • Quick availability of funds
  • Faster Funding
  • Convenient Service
  • Improve Cash Flow

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Century Business SweepMore [+]

As a business owner, you're always looking for ways to increase the productivity of your employees. So why not do the same for your money? Let First Century Bank help you make sweeping changes to your checking account.

With Century Business Sweep, excess ledger funds in your business checking account will be automatically invested into an interest-bearing account. Then if you need additional funds, the money is swept back into your business checking account. Best of all, you don't have to do a thing.

  • Easy to setup and manage
  • Funds backed by U.S. securities
  • Unlimited number of transactions
  • Eliminates time spent checking balances and initiating transfers.
  • No last-minute phone calls, wire transfers, transactions fees, and no penalty fees
  • Daily confirmations sent for your peace of mind
  • Daily investment activity and monthly statements available online

How it works

Utilizes two accounts in one:

  • First is your existing account
  • Second is an interest bearing sweep account

Automatically Maximize Earning - Each day after all account activity is processed, excess funds are invested into a Sweep/Repurchase Agreement

Funds transferred in $2,000.00 increments

We'll work with you to establish a target balance to maintain in your business checking

Interest rates are determined by the bank and are subject to change on a daily basis.
Sweep/Repurchase Agreements are secured obligations of the bank. Any amounts placed in the bank, are not insured by the FDIC, and are not guaranteed in any way by the United States or any of its agencies.

Business Services

Business Check Card

Night Depository Service

Cut the expense of purchasing checks and make everyday purchases right from your checking account.

  • Cut Expenses
  • Accepted Everywhere
  • ATM/Everyday Purchases

Deposits can be made anytime day or night in any of our conveniently located night depository receptacles.

  • Easy and secure
  • Improve Cash Flow
  • Credit next business day


Lockbox Services

Let your fingers do your banking with our touch-tone telephone service. Learn More »

  • 24 Hour Access
  • Transfer Funds
  • Check Balances

Accelerate the payment and deposit portion of your cash conversion period and take advantage of our image services.

If you're tired of worrying about preparing your daily deposits and getting it to the bank, let us do it for you. Our remittance staff will retrieve your mail from the post office every business day, prepare your deposit, and provide your remittance documents and reports back to you so you can update your receivable records.

  • Decrease Mail
  • Faster access to funds
  • Cut down on postal delays
  • Reduce in-house labor costs and theft
  • Improved employee efficiency
  • Respond quickly to customer inquiries

Please contact us for complete details on how Lockbox services can help your business.