Account Sweeps can automatically move funds from your checking account to pay down a line of credit, or sweep funds from a line of credit to cover checks posted to your checking account. Sweeps can also help ease the stress of managing your day-to-day cash flows.
- Reduce interest costs by paying down the line of credit.
- Streamline administrative duties by eliminating manual or phone transfers.
To enroll in sweep services, contact an experienced commercial lender today or email our Customer Service Department at CustomerService@TheBankofElkRiver.com.