Sweep Services

Put excess cash balances to work for you. Putting idle cash to work is a key strategy in cash management and capital preservation. Choose from a number of investment service options that assist you in maintaining optimal liquidity. With a sweeps account, excess cash balances are automatically invested overnight to generate income, reduce debt, or both. It’s that simple.

Sweep Services

Sweep to Line of Credit

A sweep to line of credit is executed when operating balances fall below a targeted level. Funds are automatically swept from your existing Citizens line of credit to maintain your operating target amount. Excess balances in the sweeps account are used to pay down your outstanding loan balances to reduce interest expense.

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All accounts, loans, and services are subject to individual approval. See a banker for details.

Securities, Insurance and Investment Advisory services offered through Citizens Securities, Inc (CSI). Citizens Securities, Inc. Member FINRA, SIPC. One Citizens Bank Way, JCB135, Johnston, RI 02919. (800) 942-8300.

Citizens Securities, Inc. is an affiliate of Citizens Bank, N.A..

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