Cash Collections


1st State Bank can help you manage your business’ cash gathering process. We have cost-effective options to speed up access to available cash and reduce fraud risk.


Courier and Cash Vault Service

Your daily deposit begins with our courier pick up. 1st State Bank will arrange for a courier to pick-up deposit items from your office for delivery to the Bank in accordance with any agreed upon schedule. Deposits picked up by the courier will be transported to one of our branch offices and posted to your account the same day. If you deposit large volumes of cash, we’ll process and credit it to your account safely through our cash vault service.

Branch Service

Lobby deposits are available at our five locations. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before close of business Monday through Friday at any of our offices in Saginaw, Bay City or Midland on a business day that we are open, we will consider that to be the day of your deposit.

Night Depository Service

Our deposit box is the secure way to handle your deposit needs after hours. Be safe by removing cash and checks from your premise each evening. Convenient and safe, they are available at all of our locations. Items deposited before the office opens for business are collected and posted that day. Items deposited after opening are collected and posted the next business day.

Remote Deposit Service

Save time and money when you scan and send checks to your 1st State Bank account. Set up and using the compact scanning device is fast and simple.

Automated Clearing House (ACH) Service

Streamline receipts and reduce transaction costs with electronic credits. ACH service including business-to-business transactions allowing you to collect receipts you are due.

Merchant Services

1st State Bank offers credit and debit card payment processing solutions. A payment processing program can provide added convenience for the public to pay bills and you can use the system to speed up collection of your receivables. We have partnered with FIS, the world’s largest global provider dedicated to banking and payments technologies, to provide 24/7 authorization services and help desk support to match.

Lockbox Service

Process receipts more cost effectively by outsourcing your accounts receivable to 1st State Bank. Streamline the receivables process and gain access to your funds more quickly. A 1st State Bank lockbox provides you with a private label post office box with a Saginaw address to which your customers can remit payments. We collect your mail daily and process remittances quickly and accurately based on your custom lockbox instructions. Funds are immediately deposited into your account and images of all correspondence, remittance documents and deposit information are provided to you on a daily basis.


For more information, visit any of our Banking Offices or please Contact Us.