Investment Sweeps, Loan Sweeps & Zero Balance Accounts |
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Maximize your returns with less work. At Hillcrest Bank we make sure your funds are earning high rates of return instantly and automatically through our automated investment and operating line sweep and zero balance accounts.
Investment Sweeps
Benefits
- A simple way to increase your company’s earnings while giving you complete control over your liquidity
- Be confident that operating cash will be readily available when you need it
- Idle funds earn competitive market returns
- Simplify multiple accounts management and eliminate manual transfers between accounts
Features
- Fully automated two-way sweep between your commercial checking account and an interest-earning investment account
- Idle funds are automatically invested each night when balances are at a predetermined level
Loan Sweeps
- Automatically draw from your line of credit to avoid negative balances, and sweep back excess funds to pay down the line
- Used in conjunction with Investment Sweep, provides a total Cash Management solution
Zero Balance Accounts
- Fund operating sub-accounts, such as payroll, with predetermined debits for easier balancing and accounting
- Simplify multiple accounts management and eliminate manual transfers between accounts
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