Investment Sweep
Effectively manage cash flow.
Flagstar Bank’s investment sweep service offers companies and public entities1 an excellent way to maximize investment potential while maintaining control over daily liquidity needs.
The service transfers or "sweeps" funds in excess of a preset target from your operating account into Dreyfus Cash Management Funds.2
CALL (888) 254-5417 OR EMAIL US TO GET STARTED
KEY ACCOUNT FEATURES:
- Automates investment of excess funds
- Nightly sweep after checks and other debits are made
- Provides ready access to operating funds
- Dividends accrue daily, paid during the first week following month-end
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1Investments are fully compliant with all state municipal and school investment regulations.
2Dreyfus Cash Management Funds are not bank deposits, not insured by the FDIC or any other government agency, not guaranteed by Flagstar Bank and may lose value including the loss of principal. Ask your relationship manager for additional information or a prospectus.
A Fund prospectus should be read and retained prior to investing. Investors should consider the investment objectives, risk, charges, and expenses of any mutual fund carefully before investing. An investment in any money market is not insured or guaranteed by the Federal Deposit Insurance Corporation or any governmental agency. Although a money market fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market fund. Past performance is no guarantee of future results.