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INVESTMENT SWEEP

. . .excess business checking funds move automatically into an interest-bearing account so you maximize yield!

Federal regulations prohibit banks from paying interest on business checking account balances. However, ALIANT has a way for you to avoid having your excess operating cash sit idle. With a simple automatic daily “sweep” of your excess checking funds into either a Repurchase Agreement or a Goldman Sachs Money Market Fund, your money earns competitive rates of returns (these investment options are not FDIC insured). Conversely, on days when your business checking balance is insufficient to cover the day’s activity, funds are swept automatically out of your investment account back into checking in exactly the amount that is required. You avoid overdrafts.

Together, we determine an appropriate target balance for your business checking account. Then, the money automatically moves between your checking and investment account, depending on whether your checking balance exceeds the target or if money is needed to cover the checks you write.

If you. . .

●  Typically keep substantial balances in your business checking account. . .
●  Prefer to earn competitive interest rates on your excess checking funds. . .
●  Want to avoid overdrafts without having to rush to the bank with a deposit or constantly transfer money between accounts. . .or
●  Appreciate the advantage of automatic transfers that ensure you money is where it is needed. . .

. . .then you should definitely click on the button below for complete information about Investment Sweep. Or, call ALIANT Business Services at 1-866-245-4554.