Cash Concentration (ACH)

Consolidate funds from multiple banks into your First Bank cash concentration account.

Liquidity management is difficult when geography requires the use of multiple banks. Manage your funds more efficiently by centralizing them in a First Bank Cash Concentration account. Use cash disbursement to transfer funds from the same account. You will gain improved efficiencies in your cash flow management, with opportunities to:

  • Reduce debt
  • Invest idle cash
  • Simplify accounts payable
  • Protect local depository accounts against overdrafts