Business Accounts
SWEEP ACCOUNT SERVICE
 Business Money Market Sweep Account
Reduce excess checking account balances, increase your return on collected funds, and cut the time and effort required to manage your bank accounts, with Pacific Trust Bank's Business Money Market Sweep Account service.
How it works:
Business Money Market Sweep Account Benefits:
- No minimum deposit requirement at opening
- No fee for sweep transfer service
- Earn competitive money market rates of interest—plus the security of FDIC insurance
- Please see our current Business Account Interest Rates
- Sweep Account rates are tiered – the larger the balance, the higher the interest rate
- Interest accrues daily, and is compounded and credited monthly
- Interest rates and rate tier levels may change at any time
- Monthly statements recap each day's transfer amount and interest earned for the month
- $5,000 average monthly balance to waive monthly maintenance fee
- Funds in your Business Money Market Sweep Account remain fully liquid and easily accessible*
Your account will not be subject to a monthly service charge if you maintain the required average monthly balance. If a service charge is assessed, it will be deducted from your account monthly. For fees, refer to the applicable Business Fee Schedule.
* Limitations on certain types of telephone and electronic transfers may apply.
- Unlimited withdrawals if made in person.
- Otherwise, limit of 6 withdrawals per month. Only 3 by telephone, online banking transfer and /or POS/ACH to 3rd parties
Come in to any Pacific Trust Bank office or call us at (877) 441-BANK for more information about our Business Money Market Sweep Account, and to discuss you business banking service needs.
When it comes to business banking, Pacific Trust Bank is the place to stash your cash
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