Sweep Accounts

Investment Sweep
Now there’s a simple way to get more out of your excess cash balances with the convenience of a County Bank Sweep Account. A Sweep Account is a simple way to have excess cash swept between your business checking account and an interest-bearing savings account.* The automated link between your accounts will save you valuable time and prevent having to manually move funds between accounts to either enhance your earnings or maintain proper levels of operating capital.

Sweep Accounts Work for You

• Save valuable time with the convenient, automated investment of your idle cash
• Enhance your earnings potential with the certainty of a full investment
• Eliminate ongoing transaction costs associated with manually transferring funds
• Earn additional income through high-quality money market investments

How Cash Control Works For You
If your checking balance falls below the predetermined threshold, funds will be swept from your investment account into your checking account to provide the operating cash you need to effectively run your business.
Dividends are accrued daily and automatically deposited into your checking account each month. It’s a great solution for business professionals who prefer to focus on their business needs instead of worrying about their investments.

Zero Balance Account (ZBA)
A zero balance account allows companies like yours to eliminate excess balances in separate accounts and maintain greater control over disbursements. This is automatically maintained by transferring funds from a master account in an amount only large enough to cover checks presented. Because the Sweep Account process is completely automated, there are no transaction fees or wire charges.

Credit Sweep
Tie your Line of Credit to your business checking account and avoid being overdrawn. When your business checking account needs funds to cover incoming debit items, available funds from your Line of Credit will be automatically swept to your checking account. Conversely, if there are excess collected funds in your account over the target balance established, they can be swept to pay down your Line of Credit.

For more details or to open an account, visit any of our branches conveniently located throughout California.