Your bank helping your business succeed

Overdraft Protection and Sweeps

It’s always a good plan to protect your funds. With MetaBank’s sweep account options, you can ensure your funds are available when it’s time to pay the bills. Automate your fund transfers with a sweep account today.

LINE OF CREDIT SWEEP

  • Move funds between your checking and line of credit accounts
  • Rest easy knowing that funds will be available to ensure checks clear to pay bills
  • Reduce what you spend on interest with automatic sweeps to pay down the loan balance
  • Target your own balance – ask your banker how

REPO SWEEP

  • Move funds between your checking and repo accounts
  • Supplement your FDIC insurance
  • Receive daily email updates on your account balance and the collateral used to protect your account
  • Earn interest on your account balance
  • Target your own balance – ask your banker how

ZERO BALANCE/TARGET BALANCE ACCOUNTS/OVERDRAFT PROTECTION

  • Automate transfers between accounts
  • Reduce or eliminate the need for credit – save on interest
  • Minimize overdrafts
  • Centralize cash for better control and efficiency
  • Consolidate your balances for funding needs, but separate transaction flow for tracking purposes

Contact

For more information call 1.877.447.4250 or email cm@metabank.com to get started.