Business Management
At Southern Community, we understand the complexity of running a business. Planning for the future, making sure your employees feel appreciated, finding ways to operate more efficiently - these are all aspects of business that must be considered. Our business management services can help you accomplish all these, allowing you to focus on growing and strengthening your business.
Planning
Through the services of Southern Community Wealth Management, you, your business and your employees will benefit from expert financial advice, recommendations and experience delivered in an easy-to-understand, “plain talk” manner.
401KSuccession Planning
- Custom retirement packages built for your employees
Insurance
- Estate planning
- Revocable living trusts
- Testamentary trusts
- Irrevocable life insurance trusts
- Charitable trusts
- Family foundations
- Life Insurance
- Long-term care insurance
1031 Exchanges
- Simple fee structure, with no additional service charges or wire fees
- Round-the-clock support
- Accelerated transaction processing
- State-of-the-art data privacy and protection
- 100% liquidity of exchange funds, with interest paid at very competitive rates
Click here for the 1031 Exchange Worksheet.
Preferred Employee Package (PEP)
An added employee benefit that can help you attract and retain key personnel, our Preferred Employee Package is available at no cost to your company and gives your employees more than $1,000 in financial benefits, including:
- Free Performance Plus Checking, our premium interest-bearing account
- Free online banking and bill pay
- Free personalized checks
- Free safety deposit box
- 50% off a mortgage origination fee
- Premium rates on CDs, personal loans and lines of credit
- A free financial review session with Southern Community Wealth Management
Cash Management Services
Southern Community cash services are designed to save you time and energy, allowing you to run your business more efficiently and lower your expenses.
DepositNowSM Remote Deposit Capture
- Scan checks into your computer and deposit them via a secure connection
- Make deposits 24 hours a day, 7 days a week
- Never have to leave your office to make your business deposits
- Saves time and improves efficiency
Lockbox
- We handle your receivables, saving you time and effort
- Receivables are delivered to a special Southern Community post office box
- They are deposited upon receipt, avoiding delays and maximizing cash flow
Courier Service
Merchant Payment Processing Services
- We pick up your check deposits as needed, saving you time and effort
- Available for offices within our branch network area
- Service may be free, based on your average deposit levels
- Allows customers to make payments to your business using their credit cards
- Over 150 different terminal types and software applications available, including wireless terminals
Payroll Services
- Wide variety of tracking and reporting capabilities
- Unlimited direct deposit and automatic check signing services
- Tax services available that will save time and reduce the risk of tax penalties
- Provide your employees with immediate access to their benefits and payroll information with our Employee Self Service program
Debit Card
Funds are debited from your Southern Community deposit account, making this a great way for employees to make business purchases.