CONTENTSTART
A sweep account can give you freedom from the hassles of daily transfers between accounts, keeping your money working for you all the time.

Business Sweep Account

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

Line of Credit Sweep

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

Zero Balance Account Sweep

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

Get Started Today

Make an Appointment

Contact a Business Banker

View our Business Account Opening Checklist to find out what you'll need to provide prior to opening your business account.
CONTENTEND

FAQs