Automated Investment Sweep

Who is it for?

Our Automated Investment Sweep service is ideal for businesses looking to maximize excess funds in the short-term.

How does it work?

Each night, after processing any clearings and deposits against your account, your actual balance will be compared with a target balance you specify. If the account balance is greater than the target balance, the excess dollar amount is swept into an overnight investment. The funds are automatically swept back into your Middlesex Savings Bank business checking account the next morning and available for use.

What are the benefits/features?

Increased income: Build savings by seamlessly investing idle funds.

Improved cash flow: You'll be putting excess balances to work.

Not FDIC Insured

Not Bank Guaranteed

May Lose Value

Discover why Middlesex is the best bank for business.
To learn more about all the benefits of our Cash Management services and banking at Middlesex, contact Kerry Morgan, Vice President, at 508-315-5413 or via email at kerry.morgan@middlesexbank.com.