Sweep Manager Account

Managing your business’ cash flow shouldn’t be a full-time job. The good news is that Citizens Business Bank’s Sweep Manager Account manages your cash automatically, freeing up your time and allowing you to improve your day-to-day cash management capabilities by putting your idle balances to work on earning interest for your business.

The benefits of a Sweep Manager Account include:

  • Improved profitability with interest earned on idle cash
  • Unlimited check writing
  • Combination checking and investing account
  • High degree of safety of your balances

 

Make your life a bit easier and earn interest today with a Sweep Manager Account from Citizens Business Bank. Call us at 888.738.1222888.738.1222 to get started.

 

*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.

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