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3024 SW Wanamaker Road
Topeka, KS 66614
Call Us: (785) 440-2200

(785) 440-2200

Sweep Services

A bank account that automatically transfers amounts that exceed (or fall short of) a certain level into a higher interest earning investment option at the close of each business day. Commonly, the excess cash is swept into money market funds.

In a sweep program, computers analyze customer use of checkable deposits and "sweeps" funds into money market deposit accounts.

This is done to provide the customer with the greatest amount of interest with the minimum amount of personal intervention.

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