From income to payments, we provide the accounts you need to manage your cash flow. Convenient sweep arrangements will make sure your money is where you need it and help you earn interest on the excess balances in your account every day.
- Receives deposits, funds Operating Account(s), Investment Account and line of credit.
- For daily operations including payroll and accounts payable
- May serve as the Concentration Account
ZBA- ZERO BALANCE ACCOUNT
- Maintains a $0 balance.
- Funds transferred from the Operating Account as required.
- Typically used for payroll and accounts payable.
- Excess balances not required for daily operations.
- Earns interest
- For customers who maintain balances not covered by FDIC Insurance.