Take control of your cash - minimize idle balances
Cole Taylor Bank offers multiple ways for you to keep your money working.

Controlled Disbursement
With a controlled disbursement account, you'll know in the morning the total dollar amount of checks that will be presented against your account that night. This way, you need only fund the account with the exact amount needed to cover those disbursements. You'll avoid idle cash in the account and keep other funds for investment purposes or to avoid unnecessary borrowing against lines of credit. You'll also:

• Simplify cash forecasting; you'll no longer need to forecast daily disbursement totals or make unnecessary borrowings
• Have disbursement information available through the Cole Taylor Reporter
• Have more time for other important treasury functions

Zero Balance Accounts (ZBAs)
Centralize your funding and collection processes with our ZBAs. They facilitate decentralized disbursement and depository functions and give you control over corporate balances that would otherwise remain idle in separate accounts. How it works:

• Cole Taylor will set up a ZBA Master Account for the corporation plus ZBA Sub-Accounts to ensure flexibility and autonomy throughout your organization.
• The ZBA Sub-Accounts serve your company's divisions, plants, offices or other units that need to make deposits, write checks or maintain separate cash accounts. This way, you'll eliminate the time and expense associated with daily transfers between accounts. And, you'll be able to invest funds from the ZBA Master Account to take advantage of interest rates based on higher investable balances.
• At the end of the day, activity totals from each Sub-Account are transferred to the Master Account and the Sub-Accounts' balances are adjusted to zero.