Investment Sweep

Increase interest income by automatically investing excess funds.

CUB’s Investment Sweep is an effective way to earn interest income on otherwise idle cash.  An interest bearing account is automatically linked to your checking account.  Funds not needed for disbursements automatically sweep over to the interest bearing account overnight where they earn interest.  When funds are needed for disbursements they will automatically transfer from the Investment Sweep.  You can select from either a Money Market Sweep or a Repurchase Agreement investment.  The Repurchase Agreement option is collateralized by U.S. Treasury and government agency securities.

With CUB’s Investment Sweep you will no longer spend time monitoring and transferring funds to take advantage of interest income opportunities.

Benefits:

  • Effectively manage cash flow
  • Maximize interest income
  • Save time associated with managing multiple accounts

 

Get Started Today!

Contact the Treasury Services team to learn more.