Customers have recently reported fraudulent phone calls pretending to be Traditions Bank, in which customers are being asked to provide card numbers and other personal information. As a reminder, neither Traditions Bank nor any other financial institution will ask for your complete card information when verifying fraud on your Traditions Bank account.
Maximize Your Cash with Automatic Sweeps
Our automated Sweep Services will help you reduce borrowing costs or increase investment income. Excess funds in your checking account can be used to pay down a line of credit, invested into a money market, or invested through a family of money market mutual funds managed by Federated Investors.* We will take care of maximizing the use of your cash, saving you time and preventing overdrafts.
*Money Market Mutual Funds are not FDIC insured, not bank guaranteed and may lose value.
Zero Balance Account
Our Zero Balance Account (ZBA) service consolidates balances from multiple sub-accounts into a single master account. This allows you to take advantage of investment opportunities with surplus funds in the master account. It also allows you to segregate deposit and disbursement activity. The process requires no time or effort on your part, since the funds are transferred automatically each business day and the sub-account balances are returned back to zero.
To learn more about Sweep Accounts, contact Elizabeth Dellinger, Director of Treasury Management, at 717-747-2638 or edellinger@traditions.bank.