Demand Deposit Account (DDA) Solution

Zoot’s Demand Deposit Account (DDA) solution reduces your risk, meets compliance requirements, and provides the opportunity to build stronger customer relationships. It incorporates all the necessary components for even the most complex DDA origination process, while still supporting realtime responsiveness.

The basic process provides typical credit evaluation and closed-for-cause reviews. Depending on your institution’s policy, the solution can integrate with different vendors for OFAC screening, fraud reviews, and identity verification. These will comply with the Patriot Act “know-your-customer” provisions. The significant value of Zoot’s DDA Solution lies in the cross-sell abilities that maximize consumer wallet share from the beginning of the relationship. 

Zoot’s realtime cross-sell capability can evaluate the consumer’s appropriateness for other products while simultaneously decisioning them for a demand deposit account. Offering consumers a personalized product bundle increases acceptance rates, grows wallet share, and deepens your client relationship—all with minimal overhead.

Contact Zoot at (406) 556-7555 or fill out our information request form today!