The Insured Cash Sweep Service – A Convenient Cash Management Tool

Icswomanandabaseal (1)ICS®, the Insured Cash Sweep® service, is a cash-management tool that provides you with access to multi-million-dollar FDIC insurance on your organization’s large deposits. The Insured Cash Sweep service is an excellent cash-management alternative to repurchase agreements, money market mutual funds, and other traditional vehicles where finance professionals park excess cash. CFOs, treasurers, and other cash managers can use ICS to:

Enjoy peace of mind
Rest assured funds are eligible for FDIC protection.
Save time
Access multi-million-dollar FDIC insurance through a single bank relationship.
Earn a return
Put excess cash balances to work in demand deposit accounts, money market deposit accounts, or both.

View this short video to learn more about ICS.
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