Sweep Accounts

A sweep account provides an attractive way for companies to relieve the daily burden of determining a cash position, making investment selections, and transferring funds to an investment instrument. When using the sweep service, funds in excess of those needed to support daily activity are automatically transferred to a mutual fund.

NOTE:  Investments are not insured by the FDIC, are not deposits or other obligations of, and are not guaranteed by the bank.  Investments involve risk including possible loss of principle.