Citizens Sweep Manager

The Citizens Sweep Manager program includes an automated daily sweep of collected and available balances between your Analysis Business Plan checking account and an interest-bearing sweep account. This can help to free up your time and improve your day-to-day cash management capabilities by putting your idle balances to work on earning interest for your business.

The benefits of Citizens Sweep Manager includes:

• Optimizes use of idle cash balances
• Unlimited check writing
• Consolidated monthly statement activity
• High degree of safety of your balances

Contact your Relationship Manager to learn more or call us at 888.222.5432888.222.5432.

*Funds swept are used to purchase securities from the Bank pursuant to the Citizens Sweep Manager Agreement. The purchase of securities, referred to as “Repos,” are made in accordance to a Repurchase Agreement.  Repos  (i) are not deposits within the meaning of 12 U.S.C. 1813(l), (ii) are not insured by the Federal Deposit Insurance Corporation (FDIC), and (iii) are subject to investment risks, including possible loss principal invested.