In business, it's important to make efficient use of your funds. Checking balances need to be big enough to cover daily operational costs, but not so big that you lose the opportunity to put excess funds to better use. Every evening, First Bank's Sweep Services automatically transfer excess funds into accounts that maximize your earnings and minimize your borrowing costs.
- Choose an automated Investment Sweep, Loan Sweep or a combination.
- Increase the earnings potential of your deposit or investment accounts.
- Save time and staff effort with automatic transfers.
- Minimize line of credit expenses.
- Arrange for automatic credit line transfer to cover checking shortfalls.