Business Sweep Money Market

Open a new Business Sweep Money Market or Zero Balance Account from Cyprus Credit Union and streamline your business finance with automated savings solutions.  

 

Business Sweep Money Market Accounts  

Automate your savings and maximize your earnings with a Business Sweep Money Market account. This account is linked to your business checking account and allows you to set a target balance. At the end of each day, any funds remaining above your target balance are automatically transferred into the money market. Should the funds in your checking account fall below the target balance, an automatic transfer will take place from the money market to the checking account to make up the difference. 

Zero Balance Accounts 

Automate your transfers and help fight fraud by setting up a Zero Balance Account. With our ZBA accounts, you can link a sub-account to your main account. Have the peace of mind that transactions out of the sub-account will be paid automatically. 

Pricing 

Our Business Sweep Money Market costs $25 per month, and our Zero Balance Accounts cost $15 per month per sub-account. 

Home Banking

 

 

Contact Us

Schedule a free, one-on-one consultation with our dedicated local experts to discuss how we can help your business thrive. 

To get started or to ask questions, contact our team of business bankers at 801-260-7600 ext. 5150 or email BusinessBanking@CyprusCU.com. 

             

OPEN A BUSINESS ACCOUNT   BUSINESS SAVINGS & LOAN RATES   APPLY FOR A BUSINESS LOAN

 

 

Schedule a meeting with a Cyprus Business Banker

Select Location for Scheduling

Select a Location to Schedule Your Appointment

 

 

FAQs

What are Sweep Accounts? 
A sweep account allows you to link a business checking account with a money market account. That way, transfers can be made automatically to maximize savings.  
How can a Sweep Account benefit my business? 
Sweep accounts can help with reconciliation, and help your business maximize savings potential. 
What are the benefits of a Zero Balance Account?  
Zero Balance Accounts offer an effective way to automatically transfer funds and manage essential business expenses. This saves you time and limits risk by avoiding fees through improved cash flow.  
How do I get my business set up? 
Getting started is as easy as contacting one of our Business Banking Officers. They will ask you a few simple questions to help match our offerings with your specific business needs. 

 

 

Business Money Market

APY AS HIGH AS 4.65%

Business Growth Money Market

APY AS HIGH AS 4.00%

Certificates

APY as high as 4.40%
The products and services on this page are offered through LPL Financial or its affiliates by Registered Representatives of LPL Financial. These products and services are not credit union deposits, not credit union guaranteed, not insured by NCUA or any other government agency, and may lose value. Cyprus Credit Union is a separate entity and is not affiliated with LPL Financial.
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