Take advantage of every cent in your balance, either by earning more or protecting company accounts from overdraft fees.
We offer two types of sweep services:
Business Investment Sweep
Cash in excess of a predetermined target balance is automatically swept overnight into an investment account and then swept back into checking as funds are needed. Interest rates are subject to change.
Business Line of Credit Sweep
Allows you to reduce interest expense and overdraft charges by automatically funding checks when presented for payment and paying down your line of credit.