Get the most out of your cash flow
Cash and Liquidity Management Solutions for Businesses
What is your liquidity management strategy? Every business, no matter the size, should have a plan in place for its cash. Dieterich Bank offers a variety of accounts and strategies to help you manage your savings and cash flow.
Zero Balance Account
A zero balance account, or ZBA, is a great option for larger businesses to manage their cash flow.
This checking account keeps a $0 balance and is linked to a master account where the funds are actually kept. When you need to make a purchase, the exact amount needed is automatically transferred to the ZBA. And, any deposits made into the ZBA are immediately moved into the master account to avoid money lingering in these accounts.
Talk to one of our team members today to determine if a ZBA is right for your business.
Sweep Account
A business sweep account helps automate and increase your business’s savings without diminishing your spending power.
To start, you set a target limit for your checking account. If your balance goes above that limit, it sweeps the excess cash into a higher-yield account, such as a money market. It will also move funds back into your checking account, if it falls below the target balance, to avoid an overdraft on your business’s checking account.
A sweep account can help simplify how you manage liquidity. Talk to us about opening a sweep account for your business today!
FDIC Insurance for high balances
ICS and CDARS
If your business maintains balances greater than the $250,000 FDIC insurance limit, we have a solution for you. We are part of the IntraFi ICS and CDARS network, which ensures all of your business’s deposits are FDIC insured. These products allow you to move a portion of your high balance into a money market or certificate of deposit at another participating IntraFi bank.
Both ICS and CDARS programs simplify your cash management by giving you access to more FDIC coverage through one single banking relationship.
Checking & Savings accounts
Dieterich Bank offers a wide variety of business banking accounts tailored to your company’s unique needs. Our products include:
- Multiple checking accounts based on transaction volume.
- Long-term and short-term savings accounts.
- Health Savings Accounts for your employee
We’re here for you and your business!
Our Treasury Management Officers and support team offer top-notch customer service to our business customers even after the initial set-up of your new products and accounts.
