Multi-Million Dollar FDIC Insured Sweep Program Protect your deposits with our Multi-Million Dollar FDIC Insurance Program for Peace of Mind. Have Peace of Mind with Our Multi-million Dollar FDIC Protection Program If you are seeking higher levels of FDIC coverage for your personal and/or business deposits, let us open a multi-million dollar FDIC insured sweep account today and immediately ensure the safety and security of all your deposits. With our multi-million dollar FDIC protection program, you can enjoy access to millions of dollars of FDIC protection on all of your deposits. It makes common sense to protect all the funds in your account. Enjoy full liquidity with a healthy return. Rest assured, we can protect all your hard-earned money! Peace of Mind Rest assured knowing that funds are eligible for FDIC insurance protection in amounts well into the millions, all backed by the full faith and credit of the federal government. And since deposit accounts are not subject to floating net asset values, you can feel secure knowing that market volatility will not negatively affect principal. Interest & Liquidity Put cash balances to work and enjoy easy access to your funds in demand deposit accounts or money market deposit accounts. Time Savings Work directly with us―a bank you know and trust―to access multi-million-dollar FDIC insurance and forego the need to track collateral on an ongoing basis, or to manually consolidate statements and disbursements from multiple banks. Three Simple Steps Designate an account. Identify a checking account or other transaction account to use. You may select an existing account or open a new one. Complete the paperwork. Sign the applicable Deposit Placement Agreement and a custodial agreement. Make your deposit. You work directly with just our bank. We do all the legwork. At your direction or based on triggering events outlined in the applicable Deposit Placement Agreement, funds will be sent from your transaction account at our bank to deposit accounts at other FDIC-insured institutions in increments below the FDIC insurance maximum of $250,000. This way both principal and interest are eligible for FDIC insurance. WE’RE HERE TO HELP To learn more, please contact one of Treasury Management specialists:
