Money Management Savings Details

• A target balance is maintained on the business checking account.
  • Minimum target balance required for this sweep is $30,000.
  • Customers may move funds to a Money Management Savings account with no target balance by using the Transfer function within online banking.
• Excess cash is moved at the end of each day into the savings account.
  • Money flows into the money management sweep each day as excess cash is available.
  • Checks are paid from the Business Complete checking account until a minimum limit is reached, at which point the checking account is replenished.