FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Zero Balance Accounts
Our Zero Balance Account (ZBA) helps simplify daily cash management by linking multiple disbursement and collection accounts to a single master account. With automatic fund transfers between accounts, your business can manage cash flow more efficiently, keep balances optimized, and spend less time moving money manually.
Clear Visibility and Simplified Cash Control
Each of your accounts, including the master account and sub-accounts, receives its own detailed statement, with transactions clearly cross-referenced to support easier tracking and reconciliation.
At the end of each day, available funds are automatically consolidated into your master account. Disbursement and collection accounts are then funded only as needed, bringing their balances to zero and helping your business maintain tighter control over daily cash flow.
By centralizing funds while keeping accounts distinct, your business gains better visibility, improved cash management, and simplified reconciliation.
Expert Guidance, Tailored to Your Needs
Our experienced Treasury Management Officers are here to help you design a Zero Balance Account structure that aligns with your business goals, so you can manage cash with greater efficiency and confidence.
Everyday Features with Treasury Management
Provident Business Debit Mastercard®
Designed to make everyday business spending simple, secure, and efficient giving you convenient access to your business funds for purchases and payments.
Mobile Banking for Business
Bank anywhere, anytime with our mobile app. Enjoy secure, convenient access to your business accounts.
ProvidentConnect for Business
Securely manage your accounts with ease through ProvidentConnect for Business Online Banking.
Treasury Management Team
Our team of experts are here to help and ensure your success every step of the way.
Frequently Asked Questions
What is a Zero Balance Account?
A Zero Balance Account (ZBA) links multiple disbursement or collection accounts to a master account, automatically concentrating funds in one central account for easier cash management.
How does a Zero Balance Account work?
At the end of each day, funds from linked disbursement and collection accounts are transferred to the master account. Then, those accounts are funded as needed to bring their balances back to zero.
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111 Wood Avenue South
Suite 200
Iselin, NJ 08830Mailing Address
P.O. Box 1001
Iselin, NJ 08830-1001
