What Is So Positive About Positive Pay? Jun 27th, 2023 by: Anna Beam, Vice President | Associate Marketing Director Banking SolutionsBusiness TipsSecurity Old School crime is back and check fraud is surging. Thankfully, businesses are turning to digital payments and electronic alternatives like card and ACH. Unfortunately, some business owners are committed to paper and use checks as part of their daily operations. Simply search the term “check washing” into any search engine and you will discover ... Read More
Treasury Management Business Banking Solutions Jun 1st, 2023 by: Anna Beam, Vice President | Associate Marketing Director Banking SolutionsBusiness Tips At Community Banks of Colorado we understand that operating a business is a lot of work, and it is our priority to provide our clients with the best tools and services to keep business running smoothly. Here we outline the products and services that Hillcrest Bank offers through the Treasury Management platform. In addition to ... Read More
5 Reasons Why Cash Flow Is Important To Small Business Jun 14th, 2022 by: Anna Beam, Vice President | Associate Marketing Director Business Tips 5 Reasons Why Cash Flow Is Important To Small Businesses Everyone knows that money is important in business, but how about the specifics? Here are 5 reasons why cash flow is so important to small businesses. When it comes to cash, the obvious takeaway is that money in is good, money out is not so ... Read More
Proposed New IRS Reporting Requirements Oct 4th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Banking Tips While we do not routinely raise issues occurring in Washington with our clients, keeping your personal and financial information private and secure is our top priority. Congress is considering a plan to require all financial institutions to report detailed information on your personal and business bank accounts to the IRS, raising serious questions about your ... Read More
Imposter Scams: What Are They And How Can You Protect Yourself From Them? Sep 9th, 2021 by: Anna Beam, Vice President | Associate Marketing Director Banking TipsInformation SecurityInternet SecuritySecurity What was the No. 1 type of fraud Americans reported in 2020? If you guessed imposter scams, you’re correct. The Federal Trade Commission filed nearly 500,000 complaints about imposter scams last year — marking imposter scams the most common form of fraud reported to the FTC in 2020. Imposter scammers lie about their identity — ... Read More
