Why let excess cash sit idle? With a Marine Bank Sweep Account you can keep your money working around the clock. This powerful cash management tool will allow you to maximize earnings on your operating cash , while enjoying easy access to your funds.

Benefits of the Cash Sweep Account

• Ability to earn competitive money market rates on excess operating cash balances
   
• Maintain the flexibility and ease of a traditional business checking account
   
• Receive interest on funds up until the time your check clears
   
• Interest is accrued daily and paid monthly
   
• Easy to read monthly statements showing all activity and income earned in your account
  

How it Works

With the Marine Bank Sweep Account, all cash above your target balance in your checking account is automatically swept at the end of each day and invested by computer into overnight Repurchase Agreements. The Repurchase Agreements are fully secured by a segregated U.S. Government agency or security. This means that every dollar swept out of your account is promptly put to work, earning an attractive money market yield. At the start of the next day, your invested funds are available to you in your checking account.

Check Imaging

Marine Bank will supply images of your cancelled checks and deposit tickets, eighteen per page, as part of your monthly statement. It's a great way to reduce storage space and organize cancelled checks, best of all it's FREE.

To download an example of the a check image statement, click here. (requires Adobe Reader)

Electronic Statements (e-mail statements) are also available.

To download the Email Statement Application Form, click here. (requires Adobe Reader)