Business Sweep Account

Increase the return on your excess business deposits by combining your business checking account with an interest bearing repurchase agreement.  Excess balance over a target amount is automatically moved to an interest bearing account daily where interest is accrued daily and paid monthly.

• Keep excess funds invested at all times without any manual transactions
• Ready access to all deposits
• No added expense to regular business checking account
• Monthly statements
• Interest bearing account is secured by Government securities

The Repurchase Transactions are not deposits, are not insured by the Federal Deposit Insurance Corporation and are not guaranteed in any way by the U.S. Government or any Agency thereof.

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24 Hour Account Information: CBT Express Banking 1 800 397 5550

Community Bank and Trust is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts and interest-bearing transaction accounts with interest rates of 0.5 percent or less are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

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