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Sweep Account
Business Banking Banking Sweep Account

The Sweep Account allows your business to earn interest on money not being used for daily operations. It sets a daily target balance for your business and automatically "sweeps" the remaining money to or from an investment account. It’s an easy and a smart money-management tool.

Features:

  • Earn interest on money that is not used for operations
  • Automatic transfer of funds
  • Pre-determined target balance
  • Amount over chosen balance sweeps into Goldman Sachs investment account
  • Amount under chosen balance sweeps from Goldman Sachs investment account to maintain operating expenses
  • Funds held by the bank for Goldman Sachs investment accounts are not deposits of the bank and are not FDIC insured

Value-added products:

  • Visa® business credit cards*
  • Business loans and lines of credit*
  • Long-term real estate financing*
  • Cash management services
  • PinnBank for Business—24-hour online banking
  • PinnDocs—Electronic statement delivery

For more information or to sign up, contact your local Pinnacle Bank today.

*Subject to credit approval.