Sweep New Interest Into Your Business Checking Account
Automatically Maximize Earnings On Your Checking Account Balances
As a business owner, you’re always looking for ways to increase the productivity of your employees. So why not do the same for your money? Don’t let your money sit in an account without earning interest. Let Bank of Oak Ridge help you make sweeping changes to your checking account.
Your Money Moves, But You Don’t Have To!
With the Bank of Oak Ridge Automatic Investment Sweep, money in your business checking account is automatically swept into an interest-bearing money market account. Then if you need additional funds, the money is swept back into your checking account. Best of all, you don’t have to do a thing. No checking on balances, making transfers, or worrying about penalty fees.
Sweeping Advantages
- Makes your money work harder instead of sitting
- idle in your account.
- Eliminates time spent checking balances and initiating transfers. No last-minute phone calls, no wire transfers, no transaction fees and no penalty fees.
- Deposits remain in the community since excess funds
- are transferred into a money market deposit account
- held at the bank.
- FDIC insurance coverage is included up to $100,000.
Get Your Money In Gear
Step 1:
Contact Bank of Oak Ridge to set up a business checking account with Automatic Investment Sweep or to add this service to your existing business checking account.
Step 2:
We’ll help you determine the ideal target balance that you need to manage your daily business, and any cash above and beyond that target balance will be automatically swept daily into the insured money market account.
Step 3:
Make a deposit and immediately start earning interest on your excess balances automatically.
Earn More Automatically
Take this simple step to bolster your bottom line. Start earning more on your deposits today with our Automatic Investment Sweep by calling Bank of Oak Ridge.
