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Investments & Borrowing

Interested in enhancing your interest income and reducing interest expenses? Johnson Bank can work with you to automate your overnight investments and short-term borrowings with a sweep account.
- Automated Investment Sweep
- Automated Eurodollar Sweep
- Automated Line of Credit Sweep
- Automated Investment/LOC Sweep
- Certificates of Deposit

Automated Investment Sweep Account
The automated investment sweep optimizes your company’s use of it's funds by investing excess cash. This account automatically invests excess cash each day in an interest bearing money market account. An automated investment sweep saves you time and money because it eliminates the need to monitor and anticipate disbursements for investment opportunities.

Automated Eurodollar Sweep Account
Automated Eurodollar Sweep Accounts are another way to automatically manage funds for optimal use. This account moves funds automatically between your centralized operating account and a Eurodollar investment account.

Automated Line of Credit Sweep
Automatically pay down your commercial line of credit with the automated line of credit sweep.

How it Works: As funds in your Main Operating Account exceed the predetermined balance level, they are automatically swept in increments to pay down outstanding loan balances. In addition, as funds are needed in the main operating account, they are automatically drawn (in increments) from your Commercial Line of Credit and transferred to your main operating account to maintain the predetermined level. The line of credit sweep ensures that your business is efficiently using funds.

Automated Investment Sweep
Optimize the use of your company’s funds by investing excess cash. Automated investment sweep accounts move funds automatically between your centralized operating account and an investment account such as a money market account or overnight repurchase agreement to maximize interest income.

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