Business Sweep Products

Establish a target balance for your main checking account and on a daily basis, balances above that target are automatically swept into your Business Sweep Account to earn interest. If your main checking account balance falls below the target, funds are automatically moved from your Business Sweep Account to your checking account. Interest is credited each month.

• The Business Sweep Account ensures excess checking account balances work for you, earning interest, instead of sitting idle in your checking account.

Funds above the target balance in your main checking account are swept into your line of credit daily to pay down your outstanding balance. If your checking account balance falls below the target, funds are automatically drawn from your line of credit to your checking account. Subject to credit approval.

• A Line of Credit Sweep reduces interest expenses.

Allow your business to keep separate disbursement and deposit accounts that are linked to one main operating account. Funds do not stand idle in multiple accounts, eliminating the need to manually initiate internal account transfers.

• A ZBA will help manage liquidity and overall operating cash.