Sweep Accounts can help you reach your maximum interest potential by automatically transferring excess funds from your checking account to a savings account, letting you earn interest on your idle cash without sacrificing liquidity.
Details
A Sweep Account from UMTB can help you:
- Earn extra interest on your cash reserves
- Reduce your manual account balance monitoring and simplify cash management for businesses with multiple accounts
- Minimize the risk of overdrafts and associated fees
All while providing the same detailed monthly statements with transaction information as your regular checking account.
Want more information?
Contact Us