You work hard — make your money do the same. Maximize every company cent with our commercial sweep account.
- Available to business customers with a Security Federal Bank business checking account
- Keep your money working for you, automatically
- Maintain target balances while maximizing interest earnings
- Receive benefits where you need them the most:
- Designate a target checking balance
- Excess funds are automatically swept into and interest-bearing Investment account
- Principal is automatically transferred back into your checking account the next day
- Funds are swept back over to your checking should you fall short of your balance
Commercial Sweep accounts are not FDIC insured, but are backed by government agency securities. Subject to approval.