Sweep Accounts

Making sure you're always getting the best return on your money is a full-time job. But you're already running a business, so let us handle it for you.

We can link your business accounts to an investment account to help you maximize your return. Establish a target checking balance, and we will make sure you always maintain it, automatically transferring funds between accounts so every dollar is right where it can be doing the most good.

Summary

• Earn interest on idle assets
• Maximize returns
• Optimize daily operating assets
• Link to your checking account
• Free automatic transfers
• Target balance maintained
• Set it and forget about it
• Detailed monthly statement

How Sweeps Work

Your Master account is your INB general business checking account, used for day-to-day transactions. At the end of the business day, we automatically transfer any funds over an agreed upon amount into your Investment or Cash Management Account. This transfer is typically made in $1,000 increments or more.

While your funds are in the Cash Management Account, they are collateralized by obligations of the U.S. Treasury or other government agencies. The securities that will be used to collateralize your account are detailed upon establishment of the Investment Account and an updated list is provided to you monthly. If funds are needed back in the Master account, the Bank automatically transfers funds back to the Master Account, from the Investment Account, also in $1,000 increments.