Sweep Account
Credit Union 1 offers Sweep Accounts to small businesses to ensure your money really works for you. A Sweep Account is an automated cash management tool that can help maximize your business' idle cash.
The Sweep Account automatically links your CU1 Business Checking Account to a CU1 Savings Account (Sweep Account). Set a target balance in your Business Checking Account and on a daily basis, balances higher than your pre-determined target are moved into your Sweep Account. If your Business Checking balance falls below your target, funds are moved from the Sweep Account back into your Business Checking Account.
Connect with CU1’s business banking team to get your Sweep Account set up today.