Insured Cash Sweep
Do you want to make the most of that extra cash in your checking account? With the Insured Cash SweepSM service, you can transfer that extra cash from your checking account into an interest bearing money market account. Make your money work smarter, not harder.
- With the ICS service, you can:
- Earn interest by putting excess cash balances in your checking account to work in money market deposit accounts.
- Enjoy peace of mind knowing your ICS funds are FDIC insured through participating financial institutions.
- Save time by working directly with just BankFinancial - the bank you know and trust.
Placement of customer funds through the ICS service is subject to the terms, conditions and disclosures set forth in the agreements, including the ICS Deposit Placement Agreement, you enter into with us. Limits and customer eligibility criteria apply. Program withdrawals are limited to six per month. ICS and Insured Cash Sweep are service marks of Promontory Interfinancial Network, LLC.