California Bank & Trust (CB&T), a leading financial institution serving businesses and individuals across the state, today announced the launch of its Business Beyond Account suite and Payments PackageTM, next-generation checking solutions designed to help businesses at any stage manage their finances and streamline payments.
The suite is comprised of the Business LaunchTM, Business ElevateTM and Business BeyondTM Accounts, with options designed to meet businesses where they are in their growth journey. Business Launch is best suited for startups and small businesses seeking essential tools and straightforward solutions; Business Elevate supports established or growing small businesses that can benefit from enhanced features; and Business Beyond is designed for accomplished businesses ready to go further with relationship perks and innovative solutions. Together, these accounts provide a premium business checking experience and comprehensive new payments solution that reflect CB&T’s ongoing commitment to helping California businesses scale.
CB&T’s comprehensive Payment Package includes:
• Employee direct deposit
• ACH Business to Business Payments
• Online wire transfers (domestic and international U.S. dollars)
• Unlimited incoming wires (domestic and international)
• Check verify (check fraud monitoring)
• Mobile deposit plus (with higher deposit limits)
“As our business clients’ needs evolve, we’re committed to delivering banking solutions that help build their long-term, sustained success,” said CB&T president and CEO Eric Ellingsen. “The new business checking products represent a major step forward in offering modern tools that empower businesses to manage their operations and grow effectively, through every stage.”
Business Beyond Account suite offers enhanced tools, expanded benefits and flexible features tailored to support businesses. The Payments Package can be added to eligible business checking products for a monthly fee, which is waived for Business Beyond Account. The package is a fully integrated payments solution designed to simplify how businesses get paid, improve cash flow and expand customer payment options.
CB&T also introduced TM Select, a cash management solution designed specifically for small businesses. TM Select provides a streamlined suite of treasury management services that helps business owners manage cash flow, automate routine financial tasks, make and receive payments, monitor accounts and strengthen fraud protection through convenient digital tools. Terms, conditions and fees apply. Business owners should consult a banker or Treasury Management representative for details regarding applicable requirements, contracts and fees.
As part of its commitment to providing businesses with solutions that support operations beyond traditional banking, CB&T has also teamed up with Coastal Payroll, a San Diego-based full-service human capital management company, to help employers streamline workforce management from hire to retire. Coastal Payroll’s customizable platform brings together payroll, tax and benefits administration, onboarding, time and expense tracking, reporting and talent-management tools through a single sign-on experience, helping businesses improve efficiency, support employees and better allocate time and resources toward strategic growth.
To learn more about CB&T’s commitment to empowering California’s business communities visit calbanktrust.com. In addition, connect with CB&T on Facebook, X, Instagram and LinkedIn.