Cash Flow

Telizabeth Lopez

Assistant Treasurer

Treasury, Sales and Service Specialist

TLopez at lakelandbank dot com

862-419-2673

Or call

your local branch

• Sweep Accounts

  Put your idle cash to work by linking your checking account to an investment account. The funds that exceed your checking account’s established target balance are automatically transferred into the investment account.

• Zero Balance Account

  Designed for companies that maintain a general operating account and separate subsidiary accounts for payroll, petty cash, or other purposes. With Zero Balance Accounts (ZBAs), all of your company’s funds are consolidated into one operating account which maximizes funds available for investment. Funds are automatically transferred to the subsidiary accounts for the exact amount of the disbursement, thereby maintaining a zero balance in each subsidiary account. This automated process allows you to reduce idle balances and eliminate potential overdrafts.

• Escrow Accounts

  We’ll create a “master” account that provides sub-accounts for your client’s escrow funds, provide you with a comprehensive statement each month, and take care of your 1099-INT tax reporting.