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Mutual Fund Sweep Account

A sweep account automatically "sweeps" or transfers excess balances from a non-interest checking account to an account with investment options.  At the same time, these balances stay readily available to cover your disbursements.

How your company benefits:
  • Efficient use of funds – Automatically keeps
    excess cash invested and earning a
    competitive yield
  • Increased liquidity – Your funds are
    available overnight
  • Diversification of investments – Multiple
    fund choices are available
Consider this service if your company:
  • Has excess funds available to invest
  • Has a need for liquidity of funds
  • Would like a higher rate of return

Disclosures
You will receive a prospectus. Please read it carefully before investing or sending money. Not FDIC Insured. May Lose Value. No Bank Guarantee. An investment in the Fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although the Funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

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