Zero Account Balance

North Valley Bank's ZBA allows your company to eliminate excess balances in separate accounts. It provides an easy, fully-automated way to separate specialized disbursement or depository activity into distinct sub-accounts while retaining cash in a single master operating account. The service automatically transfers funds to or from the master operating account at the end of each business day to offset the net activity in each zero balance sub-account.

  • Funds are consolidated into a single account
  • Monthly statement for each ZBA as well as the master account 
  • Monthly service charge of $25 per ZBA which is added in as an analysis charge