Our Automated Repo Sweep service is an overnight investment service attached to your checking account, which can help you gain a competitive return on your company’s excess balances.
Best For: Businesses who want to have access to their funds through checking but who also want to maximize interest earning potential.
- Automatic transfer of funds between any business checking account and an investment account, based on a specified target balance
- Invested funds collateralized with bank-qualified securities
- Interest paid monthly
- Monthly statements
Minimum Balance: No minimum balance required.
Fees: $50 monthly maintenance fee
NOT FDIC INSURED
May Lose Value
No Bank Guarantee