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Features

  • Saves time and effort
  • Improves cash position
  • Reduces unexpected losses

Positive Pay

Reduce exposure to check or ACH fraud

Fighting check fraud requires vigilance, control and the right set of tools. Checks continue to be the subject of more fraud than any other payment method. With Positive Pay you can make faster, more well-informed decisions about suspicious activity.

  • Automated fraud prevention
  • Receive daily notification of incoming checks
  • Review checks prior to posting
  • Easily approve checks presents for payment via online banking

Zero Balance Accounts (ZBA)

Reduce fraud exposure of your operating account

A ZBA provides an automatic means of combining funds for disbursement or deposits in order to maximize the use of cash.

  • Increase account control and reduce expenses
  • Eliminate time spent on manually funding your operating account
  • Eliminates the need to track balance levels and funding requirements
  • Maximizes funds available in your operating account

Additional FDIC Insurance

Reduce exposure to FDIC insurance limits

ICS and CDARS offer the piece of mind that comes with access to multimillion dollar FDIC insurance and flexibility. You can choose the service or combination of services that best match your needs for returns and access to your funds.

  • Insured Cash Sweep (ICS)
  • Certificate of Deposit Account Registry Service (CDARS)

Learn more 


How do ICS and CDARS work?

As a provider of ICS and/or CDARS, Flatirons Bank is part of a special network. When we place your deposit through the ICS or CDARS service, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000 and is placed in deposit accounts at multiple banks. As a result, you can access coverage from many institutions while working directly with just one.

You communicate with our bank’s relationship banking team. And you receive one monthly statement from our bank for each service or service option in which you participate. As always, your confidential information is protected.