Premier Bancorp is rolling out a low-cost cash management service for its small-business customers, using software and network services from Harbinger Corp.

Premier officials said the new service is part of an effort to cater to small businesses, which account for the majority of the Baton Rouge, La., bank's commercial business. In fact, 95% of the Louisiana commercial banking market is made up of businesses with annual sales of less than $5 million, according to Pam Kimball, a vice president with the $5.5 billion- asset bank.

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