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I occasionally have excess funds that I would like to invest. What are some of the investment alternatives available to me?

April 26, 2017Alternatives excess funds invest Investment

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I occasionally have excess funds that I would like to invest. What are some of the investment alternatives available to me?

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A number of investment alternatives are available to your company, including the traditional Money Market Checking account that pays interest on tiered balances at varying rates. By Federal regulation, this type of account has restrictions on the number of checks/debits that can be made during a statement period. Alternatively, an Investment Sweep can be established for customers with higher balance levels. The Bank also has a number of CDs with terms as short as one (1) month and as long as five (5) years, including a Flexible CD that allows multiple deposits and limited withdrawals without penalty.