Don’t let those extra funds just sit there — put them to work with our sweep services!
- Let your idle funds generate extra revenue
- Maximize investment balances
- Fully automated and secure
- Customized target balance levels
- Personal accounts: $10 per month sweep fee
- Commercial accounts: $40 per month sweep fee
How It Works
Your excess cash will transfer into an interest-bearing account, where you'll earn interest on otherwise idle funds. Should withdrawals cause the balance of your checking account to drop below your threshold, funds will automatically transfer back into your checking account to cover the deficit.
The checking account balance range is designed to ensure that the money market account operates within the transaction limitations described below.*
*Automatic transfers into the Power Money Market are unlimited; however, for Money Market Accounts, the number of preauthorized withdrawals are limited to no more than six (6) per monthly statement cycle. Each withdrawal in excess of these limitations is subject to a $10 penalty. Over-the-counter (in person) transfers out of the Power Money Market account are unlimited.