Build your business' savings with a statement savings account.
You have a growing business and you’re looking to build savings.
Insured Cash Sweep (ICS) is the most convenient way to enjoy access to multimillion dollar FDIC insurance on your savings. ICS is the perfect solution for many depositors – from non-profits and public funds to businesses and advisors (including trustees, CPAs, financial planners, and attorneys). Almost anyone who wants to combine the convenience of working directly with one financial institution with the security of FDIC insurance can benefit from ICS.
*Federal regulation prohibits you from making more than a total of 6 transfers each statement cycle to other accounts from a savings or money market account (including transfers to another account for overdraft protection) or to third parties by check, point-of-sale purchase transactions with a banking card, pre-authorized or automatic agreements, telephone, or online. Other limitations may apply to your account. See your Account Agreement and Fee Schedule for additional information.