Business Investments
Our investment products are designed to help you reach both your short- and long-term business goals, no matter how lofty. We’ll evaluate your business and help you decide how to really make your money grow.
Business Money Market Accounts
This account offers a competitive interest rate along with a limited amount of checking and electronic drafting activity.- $500 minimum to open
- Free initial supply of customized checks
- Tiered interest rates based on opening deposit and average balance
- Competitive annual percentage yields
Sweep Investment Accounts
This account allows businesses to earn tiered interest rates on idle checking account balances. After checks and deposits have been processed each night, any excess funds are transferred out of the business checking account and into a Repurchase Agreement*. Funds are transferred back into the checking account as needed to pay incoming items.
The Sweep Investment feature is available for Free Business Checking and Complete Analysis Accounts, for a monthly fee of $25.00 and $75.00, respectively.
*A Repurchase Agreement ("Repo") is an agreement between the bank and the customer where the bank sells the customer a security (or portion thereof) and agrees to repurchase the security the next day. The Repo is an obligation of the bank. The bank pledges government securities titled in the name of the bank as collateral securing the Repo obligations. Funds invested in the Repo are not deposit accounts and are not insured by the FDIC. The principal amount invested is subject to risks including loss of principal.
