Reduce interest expense and enhance your return on surplus funds with Business Cash Management Sweep services.
Business Cash Management Sweep
Establish a target balance for your checking account, and any surplus funds will be automatically transferred to a tiered-rate investment account to maximize your return. When operating funds fall below your targeted level, funds will also be automatically transferred into your checking account
from a sweep deposit account to meet your operating needs.
- Geared for small to medium-sized businesses
- All balance tiers earn interest
- No monthly maintenance fee and no sweep fees
- Minimum target balance in the associated checking account: $10,000
- Monitor the activity on your business accounts with Online Banking