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business: Sweep account

Credit Sweep Account

A Target Balance is set on the Deposit Account. Funds over the Target Balance will be transferred to the Loan Account daily for reduction of principal. If the available balance falls below the target balance in the deposit account, monies will be advanced from the line of credit as long as there is available credit and credited to the deposit account to maintain the target balance.
Monthly fee: $25.00

*Normal Credit Approval Required

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