sweep accounts

If your deposit account balances typically exceed your daily operating expenses, consider "sweeping" funds exceeding a certain limit into an interest bearing or investment account to maximize your excess funds.

Investment Sweep - Sweep excess funds to an investment account that earns a market rate of interest.

Line of Credit Sweep - Sweep excess funds to reduce balance on your Line of Credit.

Net Sweep - Sweep excess funds to reduce the balance on your Line of Credit and then invest any excess funds at a market rate of interest.

CapitalMark offers several alternatives; talk with your Banker Team about the best Sweep option for your needs.

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