Growing businesses every day

Dr. Heather H. Gibson

Zero Balance Accounts

Zero Balance Account (ZBA) is an account structure that concentrates funds into a Master Account from one or more Sub Accounts, all held at VNB.  This solution is ideal for clients with multiple locations/offices that make deposits.  Clients can establish a Sub Account for each location/office and have the balances automatically concentrated to the Master Account.  This allows streamlined reconciliation at the location/office level while removing the need to manually concentrate/transfer funds.

Please contact our Treasury Management Department for more details at 434.817.8549.