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

July 24, 2015

CMBT Shareholders Approve Combination with Pinnacle Bank

July 16, 2015

PNFP and CMBT Extend Election Time

July 16, 2015

CapitalMark Posts $2.7 Million Record Quarterly Profit; Surpasses $1 Billion Total Assets