Investment Sweep Account

Cash Management > Investment Sweep Account

Put surplus cash to work with an Investment Sweep Account!

• Available with repurchase agreements.
• Maximize interest income by investing surplus cash on a daily basis.
• Maintain liquidity.
•  Amounts over a predetermined target balance are swept overnight.
• Interest-bearing sweep account is collateralized by U.S. Government (or agency) securities.
• Minimize internal administration as the entire process is automated, including daily email advices.

Investments in the Investment Sweep Account are not insured by the FDIC. The product is not a deposit or other obligation of, or guaranteed by, the depository institution. The product is subject to investment risks, including possible loss of the principle amount invested.