Cash Sweep
Cash Sweep is an ongoing service that sweeps cash back and forth between designated checking account(s) and money market mutual funds. Competitive yields are available to clients on funds that ordinarily would not earn interest. (Mutual funds are not deposits or obligations of any bank, and are not guaranteed by the FDIC or any other government agency. They may lose value.)
Money Market Deposit Account
With a money market account, you enjoy the benefits of an insured, liquid savings account that pays a market rate of interest based on average balance maintained. Up to six monthly withdrawals may be made from this account, including up to six checks per statement cycle.
Certificates of Deposit
Certificates of Deposit are designed to provide a compounding return at a higher rate of interest based on the term of the certificate. Various rates and terms are available.
Statement Savings
A savings vehicle that allows you to receive periodic statements of your savings account balances and transactions.
For more information on the Savings Products that best fit your needs, contact one of our banking relationship officers or your favorite community office location.
