Zero Balance Accounts
Macatawa Bank’s Zero Balance Account (ZBA) service consolidates balances from one or more subsidiary accounts into a single master concentration account at the end of each business day. Zero Balance Accounts can be leveraged to segregate business activity (such as deposits, disbursements, payroll, etc.) into separate accounts without adding manual transfer requirements. With all funds consolidated into a single account, your organization is better positioned to make investment and borrowing decisions – or combine Zero Balance Accounts and our Line of Credit Sweep service to optimize your cash positioning even further. Zero balance transfer activity is easily tracked with detailed monthly account statements or via Business Online Banking.