A sweep account is a great way to maximize funds that would otherwise just sit in your account. There's no need to sign up for a separate investment account or make additional deposits. In fact, you don't have to do anything. All money over a certain amount simply earns interest. Our Premier Commercial savings customers are rewarded with higher interest rates.
If you already have a savings account, there's no reason you shouldn't make it a sweep account. It's easy to upgrade.
Call one of our Business Bankers at (203) 453-2721 or stop by your local branch to get started today.
Disclosure : Products are not bank deposits, are not guaranteed by the bank, not FDIC insured and involve investment risks, including the possible loss of principal. Sweep accounts are not FDIC-insured. However, they are fully collateralized by government securities set aside by the bank for your sweep account. These securities are held by a third-party custodian bank.