As a business owner, you’re always looking for ways to increase the productivity of your employees. So why not do the same for your money?
With Century Business Sweep, excess ledger funds in your business checking account will be automatically invested into an interest-bearing account. Then if you need additional funds, the money is swept back into your business checking account. Best of all, you don’t have to do a thing!
How it Works
Utilized two accounts in one:
Automatically Maximize Earning – Each day after all account activity is processed, excess funds are invested into a Sweep/Repurchase Agreement.
Funds Transferred in $2,000.00 increments.
We’ll work with you to establish a target balance to maintain in your business checking.
Interest rates are determined by the bank and are subject to change on a daily basis. Sweep/Repurchase Agreements are secured obligations of the bank. Any amounts placed in the bank are not insured by the FDIC and are not guaranteed in any way by the United States or any of its agencies.