Sweep and Zero Balance Accounts

Sweep and Zero Balance Accounts


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Sweep and Zero Balance Accounts
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Summary
  • Sweep Accounts — Set a target daily balance to keep in your checking account and tell us how you'd like any additional funds to be used at the end of each day. You could let them earn interest or help pay down loans or lines of credit.
  • Zero Balance Accounts — This option allows you to write checks while keeping a zero balance. Simply set up a primary account to receive all deposits and to disburse funds to your Zero Balance Account--only when necessary--to cover checks that have cleared. Eliminate the possibility of overdrafts or the need for manual transfers.