Farmers Bank & Trust offers a variety of automatic sweeps to help you better manage cash flows and eliminate forecasting.
Choose from the following or let us put together a combination:
Zero Balance Accounts
- Funds will settle automatically at end of day processing based on pre-determined target balance
- Reduce time monitoring and reconciling multiple accounts
- Eliminate processing manual transfers between accounts
Investment Sweep Accounts
- Automatic sweep transfers collected funds to or from your operating account based on a balance that you determine
- Earn interest on idle funds while balances are held in money market account
Line of Credit Sweep
- Pay down principle loan balances automatically
- Reduce interest accruals
- Funds advance automatically as needed to fund checking account