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Our Business Account Sweep is available for businesses who carry a high average balance. Although businesses normally cannot earn interest on business checking accounts, Resource Bank allows deposits to earn interest as though they were in a money market account. The deposits will earn the same interest that is being paid on current Resource Bank money market accounts. It is based on the account balance at the time the sweep occurs. There is a $50.00 per month service fee for the Business Sweep. For additional information or to begin setting up a new Business Sweep, please see the list of account advisors per specific location:
An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. Investing in mutual funds involves risk, including possible loss of principal. |
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