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The Insured Cash Sweep Service – A Convenient Cash Management Tool

photo of confident-looking business woman beside gold seal indicating American Bankers Association endorsement of Insured Cash SweepICS®, 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:

icon of lock indicating that customers can rest assured that funds are eligible for FDIC protection Enjoy peace of mind
Rest assured funds are eligible for FDIC protection.
icon of clock representing time savings with ICS Save time
Access multi-million-dollar FDIC insurance through a single bank relationship.
icon with percentage symbol representing that customers can earn a return with ICS Earn a return
Put excess cash balances to work in demand deposit accounts, money market deposit accounts, or both.

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 Thousands of banks offer ICS.
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