Utilizing your company's Regular Business account, we offer the convenience of a checking feature that automatically sweeps excess funds into an interest-bearing pool. Interest is earned based on money market rates and tiered by balance. This account can be combined with the Commercial Sweep account that allows excess funds to be transferred after the Line of Credit is paid in full.
The Investment Sweep account is ideal for businesses who maintain excess balances in their operating account or who maintain seasonal balances on a line of credit and have excess funds. This account provides efficient use of funds and maximizes interest earned throughout the year.
For additional information on an Investment Sweep Account or Cash Management Services, click here to contact us or call 859 372-9779.