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Easy Security Deposit Management

ZDeposit  controls the opening, funding, management and releasing of tenant security deposit accounts to your Norwood Bank account. It affords best-in-class transparency between tenants and landlords while facilitating compliance with state laws.

In addition to the technology, ZDeposit from Norwood Bank includes a complete package of enabling services:
  • Conveniently open security deposit accounts online, invite tenants to eSign the W-9 form, and let ZDeposit take care of the rest.
  • ZDeposit will automatically prepare the required disclosures for the tenant and remit annual interest accrued.
  • Best of all, its free for landlords and tenants.

Ready to get started and learn more?

Contact Mike Kennedy, VP Business Development at 781-762-1800 or send an email.