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Business Banking

Sweep Account

Invest excess funds from your business checking account into an overnight account that earns a competitive interest rate.

Each day, your account's ending balance is reviewed to determine if there are discretionary funds to invest and those funds are swept into an overnight investment account. Similarly, if funds are needed in your Business Checking Account, the appropriate amount will be swept into your account.

This account increases the return on your working capital while improving your method of cash management. The interest rate changes daily and the account is not FDIC insured.

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