Our Automated Repo Sweep invests in overnight Repurchase Agreements, and these investments are secured by obligations of the U.S. Treasury and/or Government Agencies to minimize risk.
Invested funds plus overnight earnings are returned to your operating account at the start of the next business day.
A minimum investment in our Automated Repo Sweep is required.
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Non-Deposit investment products are
NOT FDIC INSURED
MAY LOSE VALUE
NO BANK GUARANTEE
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Should your liquidity needs change, both the Automated Repo Sweep and
Automated Eurodollar Sweep services can be linked with our
Automated Loan Sweep to reduce borrowing balances and interest expenses.
