Maximize your excess balances by setting up an investment sweep. Set a target balance for your business checking account. Then, on a daily basis, funds above that target are automatically "swept" into your interest earning investment account.

Or, if your checking account balance falls below the target, funds are automatically drawn from your investment account to refill your checking account. It's cash management made easy!

Summary
  • Available to business customers with a New Buffalo Savings Bank business checking account

  • Keep your money working for you, automatically

  • Maintain target balances while maximizing interest earnings
  • Backed by U.S. agency securities, making it a very safe investment
  • Receive benefits where you need them the most:
    • Designate a target checking balance

    • Excess funds are automatically swept into and interest bearing
    • Investment account

    • Principal is automatically transferred back into your checking account the next day

    • Funds are swept back over to your checking should you fall short of your balance

Here for you and your business!