Business Sweep Account

A Complete Cash Management Solution

Manage your working capital more efficiently with an Investors Business Sweep Account.

This seamless cash management solution provides a way for you to earn interest on the idle balances in your non-interest bearing business checking account, provides a competitive yield, is FDIC insured and convenient to use. Deposits to your Business Sweep Account are always kept at Investors they are not swept to an account outside the U.S. or to an uninsured money fund.

Eligible Depositors: Businesses, corporations, commercial depositors, public funds and non-profit organizations.

Investors Business Sweep Account is easy to set-up and manage. The automatic transfer of balances between your accounts means minimal ongoing maintenance.


  • There is an unlimited number of transactions to support your cash flow needs.
  • Integration into existing business checking accounts is seamless.

How Investors Business Sweep Account Works

After opening your Business Sweep Concentration Account, or converting your existing Investors business checking account, a target balance is determined through analysis. At the end of each day, collected funds in excess of the target balance are automatically transferred to a money market account nightly at Investors. These excess funds earn interest, ensuring that your working capital is maximized.

If your end-of-day balance falls below your target, funds are automatically swept back into your checking account to meet your liquidity needs.** Best of all, these sweeps are automatic. There is no need for you to worry about managing your daily balances or rushing to transfer money at the end of the day. Interest is accrued daily as simple interest and credited monthly. There is no minimum period that the funds must remain on deposit. However, interest accrued from the first day of the month is forfeited if the entire balance is withdrawn prior to the crediting of the month end interest.

It takes just a few minutes to open an Investors Business Sweep Account. As soon as your account is activated, you'll start earning interest on your excess balances and eliminate the end-of-day scramble to calculate balances and transfer funds.

Get Started Now

Visit your local branch to speak with an Investors business banker today.
Or, Call 855-iBank4U (422-6548), ext. 42444.
Or, E-mail Investors Business Banking.

* All non-interest bearing transaction accounts are insured by the FDIC for the entire amount in the account through December 31, 2012. Coverage is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. When funds are transferred from a non-interest bearing transaction account (e.g., a non-interest bearing checking account) to an interest bearing money market deposit account, such as the Investors Business Sweep Account, the transferred funds will be insured up to the FDIC's standard maximum deposit insurance amount, up to $250,000, when aggregated with all other deposits held by you directly, or through others, in the same recognized legal capacity (e.g., single accounts, joint accounts, IRAs, trust accounts) at Investors. Funds in excess of this amount in any one legal capacity may not be covered by FDIC insurance. If you have any questions about your specific FDIC coverage limits, please visit or call 1-877-ASK-FDIC.

** There is a maximum of six transfers by check, draft or pre-authorized transactions per monthly cycle.


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    Investors Bank
    Corporate Office
    101 JFK Parkway
    Short Hills, NJ 07078
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