Similar to a sweep into a money market account, excess funds in your operating accounts can be swept into various money market mutual funds via investment management from Federated Investors. Your business will benefit from nightly short-term investments while still having daily access to funds. Federated Investors Sweep accounts can increase your potential investment income, help you retain liquidity and provide you the investment management experience of Federated Investors.
- Completely automated – no need to worry about making transfers
- Preserve the liquidity of your assets
- Increase your investment income by earning interest on the maximum amount of funds
Some sweep accounts are backed by securities, while others are not. For more information on the safety and security of this type of account please call us at 1.877.349.4508.
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Transactions restricted by the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) are prohibited from being processed through this commercial account. This prohibition became effective on June 1, 2010. Additional information can be obtained at 1.800.280.0123.
|Investment, Insurance and Advisory products:
|Are Not FDIC Insured
|Are Not Bank Guaranteed
|May Lose Value
|Are Not Deposits
|Are Not Insured by Any Federal Government Agency
|Are Not a Condition to Any Banking Service or Activity