Beacon Bank: Responsive. Reliable. Reasurring.
Text Size
Applications
Helpful Shortcuts
NetTeller Demo
Rates
Calculators
Reorder Checks
Lost or Stolen Cards
ID Theft
Contact Us
Locations and Hours
Find an ATM
Find an ATM
Find us on Facebook
left HomePersonal BankingBusiness BankingAbout BeaconAdvice/PlanningHelpful Links right
Sweep Account

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.

Features:

  • 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
  

bottomBar
sitemapleft Site Map right
[ Home | Home | Personal Banking | Business Banking | About Beacon | Advice/Planning | Helpful Links ]
Privacy Policy Notices, Terms, and Conditions | Design & Hosting by Harland Financial Solutions, Inc.
Browser Requirements | Copyright Harland Financial Solutions, Inc. All Rights Reserved.
Nationwide Mortgage
Licensing & Registration System
Beacon Bank (440185)
Loan Debit/ATM Checking/Savings Direct Deposit NetTeller Enrollment Employment Decrease Font SizeIncrease Font Size