Maximize your interest income by moving excess cash from your checking account into an interest bearing SWEEP account.
Eligible Depositors: Individuals, businesses, corporations, commercial depositors, public funds and non-profit organizations.
A New Tripoli Bank SWEEP account is easy to set-up and manage.
- Automated transfers between your primary checking an SWEEP account at end of day – eliminates need for manual transfers.
- Assign primary checking target balance as ZERO and SWEEP account will receive the concentration of your pool of cash funds.
- There is an unlimited number of transactions to support your cash flow needs.
- ATM/debit card access and Internet banking is available for SWEEP accounts.
- Insured by FDIC according to FDIC coverage guidelines.
- Minimum balance must be maintained at $25,000.00 or there is a $25 fee.
For more information on how to open a SWEEP account, please contact Sundra Bachman at 610-298-8811.