Overnight Investments
Companies with substantial excess Business Checking deposits may want to take advantage of automated overnight investment with our Central Investment Account, more commonly referred to as our Sweep Account. We'll analyze your balances and account activity to determine if this is the best alternative for your relationship.

The Sweep Account

• Automatically invests excess investable balances in an overnight Repurchase Agreement. Daily confirmation notices are provided identifying assigned collateral and other information.
• Interest is variable and based upon balance level maintained.
• Simple interest is accrued daily and paid monthly.
• $50 monthly service fee will be charged to Business Checking analysis.