Investment Sweep Account
An automated investment vehicle that “sweeps” excess funds from your operating account into a money market investment account. If your operating account balance drops below the "sweep point", cash is automatically "swept" back from the fund portfolio into your business account to maintain the minimum balance.*

 

• Income-producing opportunity for your company, earnings should offset costs.
• Dividends earned on every dollar invested until your checks clear.
• Dividend income declared daily and paid monthly.
• Investment diversification in a high-quality money market portfolio.
• Easy-to-read monthly statements showing all fund activity and income earned
  in your account.
• Flexibility to link multiple accounts to your Investment Sweep Account.

 

* Sweeps from the Money Market are limited by Reg D to a maximum of 6 per statement cycle.  Sweeps from the Money Market will stop after the maximum has been reached.