Sweep Accounts

Maximize excess balances with St. Martin Bank sweep accounts.* Your company's cash automatically goes where it benefits you most, whether that’s to fund your business checking account or earn interest in business savings. Just set a target balance and, on a daily basis, funds above that target are "swept" into the account of your choice. It's cash management made easy!

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Summary
  • Available to business customers with a St. Martin Bank business checking account
  • Keep your money working for you, automatically
  • Maintain target balances while maximizing interest earnings
  • Receive benefits where you need them the most:
    • Designate a target checking balance
    • Excess funds are automatically swept into the account of your choice
    • Funds are swept back over to your checking should you fall short of your balance

*Cash management services may be subject to fees.