Choose from checking that offers your business real flexibility, control and clarity.
Product Features
Earn credit based on your account balance to offset activity charges – the higher the balances, the more credit you earn Summary statement, if you hold multiple accounts
Account automatically "sweeps" excess funds held in your commercial checking account each evening into a repurchase agreement investment account to provide you with an investment return.
The Bank takes the necessary steps to assure that the investment meets the requirements of a "qualified financial contract" under the Federal Deposit Insurance Act.
Confirmation notices are sent to you daily which identify the collateral supporting your overnight investment.
Funds are "swept" back into your checking account, effectively allowing you to earn interest on your balances while still having availability to use those funds the next day for transactions.
Product Benefits
Increased efficiency – The automatic investment of funds eliminates the time required to estimate the amount of good funds available for investment.
Lowered costs – Funds invested are 100% liquid and are fully collateralized.
We're driven by a passion to help the clients and communities we serve unlock their full potential with capital and counsel.
Banking products and services provided by First Horizon Bank. Member FDIC. Equal Housing Lender. NMLS #472329.
Financial planning and trust services, including investment management services, provided by First Horizon Bank. First Horizon Wealth Management is the marketing name for wealth-related services available to First Horizon clients.