The Sweep Investment Account allows business to have excess operating funds from a checking account automatically invested into an overnight Repurchase Agreement investment.

The repurchase agreement Sweep offers a collateralized (secure) investment backed with U.S Government Treasury and/or Agency Securities.

Feature
Business Benefit
Automatic same day sweep
Convenient way for business to earn interest on excess investable balances.
Tiered rate structure
Designed to offer competitive market rates to small and middle size companies
No investment cap limit
Increased safety and security for funds that exceed FDIC insurance limit

Use ebiz Business Online Banking to track your Sweep Investment Account .

To open a Sandy Spring account: