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    Collateralized Sweep

    This account helps eliminate non-earning idle cash balances. On a daily basis, excess funds above a predetermined balance will automatically be swept from your analysis checking account into the interest-bearing Collateralized Sweep Account.

    Features:

    • No minimum balance to open
    • Service fees are covered by non-interest bearing portion while excess funds are swept to earn interest, or all funds can be swept if fees are charged to the account
    • Interest is accrued daily and posts to your account at month end

    Requirements:

    • Set up on Analysis System
    • Signed Sweep Agreement

    Customer Identification Program Notice



     
    Republicbank.com Information 1-888-782-3333
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    This co-branded site provides information about and access to financial services offered by either or both Republic Bank & Trust Company and Republic Bank.