A Tidy Solution to
Insured Cash Sweep
Insured Cash Sweep® (ICS) is a nice, tidy way to ensure your organization’s large deposits benefit from multi-million-dollar FDIC insurance backed by the full faith and credit of the U.S. government.
With ICS, funds are placed into demand deposit and/or money market deposit accounts managed at our bank. Amounts exceeding the standard FDIC insurance maximum of $250,000 are ‘swept over’ to a national network of insured IntraFi banks.
So your organization has easy access to funds that earn interest, along with the added polish of peace of mind.