HOA Treasury Management
Alliance Association Bank offers comprehensive treasury management services for your Homeowners Association (HOA), Common Interest Development (CID) or Planned Unit Development (PUD). These services help you efficiently collect receivables, manage payables, monitor account activity and maximize investments—all to make your cash work harder for you.
Get high-performance, 24 hour-a-day online banking and cash management, plus seamless, cross-platform integration with ecommerce, core banking and imaging systems. Online HOA, CID and PUD treasury management services include Automated Clearing House (ACH) Origination, which enables you to generate and modify ACH files within any online banking session.1
Use this cash management tool to accelerate HOA, CID or PUD assessments collection and improve your cash flow. Homeowners’ payments are sent to a post office box that we establish for you, then quickly delivered to our Lockbox center, where they’re processed and deposited into your accounts each day.2
Automated Clearing House (ACH)
With ACH, you can quickly and easily make transfers between accounts, including payments of HOA, CID, and PUD assessments. This service lowers costs and reduces the time needed to process homeowner payments and other transactions.
1. Fees may be imposed for additional services related to online banking. Refer to Business Online Banking Setup and Authorization for more information.
2. Funds deposited through the Lockbox will follow Western Alliance Bank’s funds availability policy as outlined in the Deposit Account Agreement Disclosure.
3. A Business Checking account required. Other related fees may apply. Refer to disclosures provided at account opening, the Business Schedule of Fees, and Pro Forma for additional information. Funds deposited through Remote Deposit Capture will follow Western Alliance Bank’s funds availability policy as outlined in the Deposit Account Agreement Disclosure.