Geographically dispersed, multi-location retailers want a bank that can meet them in every market where they do business. You have a relationship with your bank, built on trust and an understanding of your needs. The Loomis Virtual Vault solution provides your bank with the ability to serve you virtually anywhere in the country.

Without the ability to service your account nationally, many banks are unable to compete for large, geographically dispersed retail and commercial business. If they do choose to serve those customers, they must rely on a system of correspondent banks. This system can result in multiple contact and management points as well as fee structures for your treasury teams. As an alternative, we offer the Virtual Vault solution.

Our Virtual Vault solution enables your bank to serve you by using our national network as their “virtual vault”. They draw on our full range of Cash and Check Processing Services, utilizing our SENERGY IT system for the timely transmittal of account processing data in an easily accessible form. From your standpoint the service is seamless.

Our Virtual Vault solution provides significant advantages for retailers and commercial businesses. These advantages include reduced cycle time, internet-based change orders and account management, and deposit detail tracking by location. And you can reduce the number of banks by expanding your current banking relationship beyond its present borders.