Business Sweep Accounts

Don’t Sweep This Under the Rug

After the targeted balance is calculated at the end of the day for your business checking account, a sweep account takes over automatically to make the most of any idle collected balances.

We’ll invest it or pay down your line of credit, earning or saving you money. Funds will be swept back into the checking account as needed to maintain the target balance and cover any outlay from the account.

Establishing a Sweep Account

  • Determine a target balance to keep in your business checking account.
  • Choose one or both of the sweep account options you want:
    • Money Market Investment Account
    • Business Line of Credit
  • At the end of the day, your checking account debits, and credits are computed to arrive at your current balance.
  • Any idle collected balances are swept automatically to the option you choose, earning interest or paying down a line of credit.
  • Funds are swept back into the checking account as needed to maintain the target balance and cover any withdrawals or checks presented for payment.

Benefits of a Sweep Account

  • Liquidity
  • Convenience
  • Full investment
  • Safety
  • Time savings
  • Flexible options
  • Money savings
  • Ability to earn money

Meet Your Treasury Management Team

Bob Van Kirk
Bob Van Kirk Treasury and Commercial Payment Solutions, Vice President 920-485-7309 Email Bob
Neal Solanki
Neal Solanki Treasury and Commercial Payment Solutions Support, Assistant Vice President 920-643-7670 Email Neal
Lisa Zarling
Lisa Zarling Treasury and Commercial Payment Solutions Support Analyst 920-643-7670 Email Lisa
Devin Grant
Devin Grant Treasury and Commercial Payment Solutions Sales Associate 920-885-8105 Email Devin
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