For some types of businesses, moving funds daily can earn them a higher rate of return on excess funds, pay down balances on lines of credit, or maintain a minimum balance on a checking account. 3Rivers can set up a daily, automated movement (sweep) of funds from one account to another based on your business’ specific needs. When you set up your account, we’ll set the parameters you need to move your funds automatically. If your needs change later, you can sign a new agreement to change the parameters of those automatic sweeps.
3Rivers offers sweep functionality for both deposit (checking and savings) and line of credit accounts with complete automation.
Have questions or want to get set up? Contact us today!