Make your excess cash work for you.
You can add the Sweep Account feature to any Business Analysis Checking account. At the end of each business day, a Sweep Account takes the excess cash from your checking account and moves it to an investment account overnight, allowing your funds to earn interest. In the morning, the funds are back in your checking account and ready to work.
While these funds are not FDIC insured, we purchase Government Securities on your behalf to collateralize your funds. When needed, the automated sweep service may also be used to access or pay down a Line of Credit.