Utilizing our Sweep Account product enables you to effectively manage available funds. At the end of each business day, available funds above a pre-determined target balance are automatically swept from your Operating Account and earn competitive rates in a Repurchase Agreement Account (Repo Account).

Repo Accounts combine the safety of an investment in a government security with the liquidity of a daily maturity. Investments are in securities issued by the United States government, United States government agencies, or United States government-sponsored agencies. Principal and interest earned are returned daily. The interest rate may be set daily by the bank.

In addition to Sweep Accounts, we offer Money Market Accounts and Certificates of Deposit at very competitive rates.

Please contact us today for more information!