Sweep Accounts
One of the primary concerns of a business is effective cash management of idle funds. We can monitor your business account, and on any given day your balance exceeds an established base, we can automatically transfer (sweep) the excess into a high-yielding, overnight investment. If funds are needed in the account the next business day, they are automatically placed back into the checking account. (Certain restrictions apply.)
Minimum to open
Varies
Service Charge:
Earn Interest
Custom Benefits
· Free E-Statements
· Free Internet Banking
· Free Mobile Banking
Account Perks
· Saves your business valuable time. No need for micro-managing account balances and shifting money. It can all be done automatically with a sweep account.
· 7p.m. CST cut-off for same-day credit on deposits
Security
· Sweep accounts are backed by securities. For more information on the safety and security of this type of account please call us at 1-800-280-0123