Sweep / Repurchase Account
PUT YOUR FUNDS TO WORK
Reach your business goals sooner
Realize the full earning potential of the cash in your accounts.
Sweep to Repurchase Agreement
To maximize interest earnings, excess funds are transferred daily between your Operating Account and a Repurchase Agreement.
Sweep to Line of Credit
To minimize interest expense, funds are transferred daily between your Operating Account and Line of Credit.
Sweep to Repurchase and Line of Credit
With our combination service, funds are transferred daily between your Operating Account and Line of Credit to minimize interest expense. If the Line of Credit is at a $0 balance, excess funds are directed to the Repurchase Agreement to maximize interest earnings.
Experience Better Cash Flow Management
Let one of our experienced Treasury Services professionals analyze your current banking structure. We’ll help you put your excess funds to work for optimum returns with an automated Old Point Sweep Account.