Zero Balance and Target Balance Accounts
Consolidate funds into one master account while maintaining multiple disbursement/receivable accounts. When checks are presented for payment, transfers are made automatically from the master account in amounts sufficient to cover the presented items. You can choose to set up a Zero Balance Account (ZBA) or a Target Balance Account (TBA). These accounts allow your business to keep items like payroll and accounts payable transactions separate and still utilize the funds in the master checking account.
With Landmark National Bank’s E-Z Sweep, you can transfer excess collected funds from your checking account to pay down your line of credit—helping you save on interest.