Liquidity Management Solutions

Move funds efficiently to optimize your advantage. We understand that you want to use your account balances for more than payables and receivables, so we can help you improve your cash forecasting and move funds where they can best be leveraged.

Our specialized zero-balance account offerings can help you efficiently consolidate funds from multiple accounts into a single master account. At the end of each business day, excess balances in sub-accounts are automatically transferred to your master account. We can help efficiently manage multiple accounts and hierarchies with these account offerings:

• Demand Deposit Account (DDA): With interest and non-interest-bearing options, this transaction account helps you receive deposits or disburse funds. Funds kept in a DDA can earn credits to help offset overall account service fees.
• Zero Balance Account (ZBA): This automated service links multiple deposit sub-accounts to a single "master" operating account—for timely, cost-efficient deposit consolidation into a single concentration account.
• Corporate One Account (COA): This account works like a ZBA, with the addition of providing clients with the ability to receive location reporting for all transactions, adjustments, and returns. This reporting is presented in BAI format. COA allows you to have a checking account at each location, but still keep funds centralized by sweeping them into a master account. You can see all debits and credits posted to each location.

These funds management options enable you to:

• Easily and automatically move funds among multiple accounts
• Obtain a detailed audit trail of all transactions to expedite account reconciliation
• Help mitigate idle balances
• Use earnings credit to offset transaction fees
• Control daily treasury needs
• Access accurate daily cash position information

Find out more about our Demand Deposit Account and Account Services. Contact a Treasury Management Officer or a Relationship Manager.

Gain control over separate accounts by simplifying management and recordkeeping through automated solutions.

With our automated solutions, you can collect, hold, and track escrow balances—while at the same time keeping accounts segregated. You will have a master account, in addition to sub-accounts for each of your customers. This solution provides the reporting for you, including automatic form 1099 reporting to all sub-account holders, and monthly statements showing activity on all levels.

Let our Escrow Managers help you:

• Manage Escrow Manager sub-accounts via a web portal
• Make disbursements easily
• Open and close sub-accounts as needed
• Compile comprehensive reports on debits, credits, and interest
• Reduce costs associated with manual processes
• Streamline account opening and closing