Sweep Accounts

Pulaski offers various sweep products. With a Sweep Account you can automatically sweep excess balances from your commercial checking account to income-generating accounts or automatically transfer to and from a Commercial Line of Credit.

Investment Sweep Features:

• Earn competitive rates on idle funds
• Daily liquidity, not FDIC insured
• Funds swept based on a "peg balance"
• Fully automated investment strategy saves time
• Secure  email confirmations of collateral

Commercial Line Sweep Features:

• Minimizes interest expense, automatically sweep excess funds to pay down your line of credit
• Automatically draw from your Commercial Line of Credit to prevent overdraft charges from occurring
• Receive earnings credits on your target balance to compensate for bank service charges
• Funds are swept at the end of each business day based on a “peg balance’”