Business Sweep Accounts

An Allied First Bank Business Sweep Account helps you maximize returns on your funds by transferring idle deposit reserves into interest-bearing investments. You determine the target checking account balance that you want to maintain, and as additional funds accumulate they are "swept" into an investment (money market) account overnight.

This unique account will allow you to spend more of your time managing your business, and less time managing your cash and borrowing needs.

Business Sweep Account Features and Benefits

• Letting your money work for you by maximizing interest earnings
• Uses the Business Money Market as the investment account, linking it to your business checking account
• You determine the target checking account balance, and excess funds above and beyond the target are swept into the investment account
• Automatic investing - funds "swept" without customer hassle
• Invested balances earn a competitive rate of return
• Earn competitive, tiered interest rates based upon balance
• Easy-to-read statements
• Interest compounded and credited monthly