Business Sweep Products

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

• 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

A Line of Credit Sweep can reduce interest expenses for you business.

• 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 Zero Balance Sweep Account (ZBA) will help manage liquidity and overall operating cash for your business.

• 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