sweep accounts

If your deposit account balances typically exceed your daily operating expenses, consider "sweeping" funds exceeding a certain limit into an interest bearing or investment account to maximize your excess funds.

Investment Sweep - Sweep excess funds to an investment account that earns a market rate of interest.

Line of Credit Sweep - Sweep excess funds to reduce balance on your Line of Credit.

Net Sweep - Sweep excess funds to reduce the balance on your Line of Credit and then invest any excess funds at a market rate of interest.

CapitalMark offers several alternatives; talk with your Banker Team about the best Sweep option for your needs.

News

April 07, 2015

Pinnacle Financial Partners Announces Agreement to Acquire CapitalMark Bank & Trust

April 07, 2015

Merger Client Q&A

April 06, 2015

CapitalMark Loans Grow $48 Million in the First Quarter; Net Income Up 37%