Investment and/or Line of Credit Sweep Services

Don’t waste your cash business assets by leaving them lying in a non-interest earning checking account. Put your dollars to work in a risk-free investment, without having to lift a finger or tie up your funds for extended periods. Central Virginia Bank Repo Sweeps offer the following advantages:

  • Allows corporate checking accounts to earn interest on excess balances
  • Excess balances are invested in a repurchase agreement paying a market rate of interest collateralized by US Government or Agency securities