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Helping you get the most from your cash flow.
Our cash management tools give you the control you need to take care of day-to-day business.
With a sweep account, available funds in your account are automatically swept into your choice of a selection of investments (not FDIC insured) or bank insured accounts at the end of each business day. A sweep-to-loan (pay-down) option is also available.
Automated Clearing House (ACH)
The Automated Clearing House service is a paperless system that utilizes an electronic alternative to checks and other traditional paper instruments. This service provides speed and efficiency in such functions as payroll, disbursement of dividends, retirement benefits, and other recurring payments. Tower’s ACH service is available from any Internet connection.
Zero Balance Account (ZBA)
A Zero Balance Account is a subsidiary account that is maintained at a specified balance, usually zero, and electronically linked to a master account. With a ZBA you maximize control of your balances and experience no float loss.
Our in-house courier service brings the bank to you. We provide pick up and delivery of deposits and withdrawals, receipts and correspondence, application forms, and more. We’ll pick up and deliver as many times per week as you need.
To obtain a customized quote or to learn more about Tower Bank’s full line of cash management products and services including business credit cards and credit card merchant processing, call a Tower Bank professional today at 260.427.7000 or toll free at 1.877.427.7220.