Our Automated Repo Sweep invests in overnight Repurchase Agreements, and these investments are secured by obligations of the U.S. Treasury and/or Government Agencies to minimize risk.
Invested funds plus overnight earnings are returned to your operating account at the start of the next business day.
A minimum investment for the Automated Repo Sweep is required.
Non-Deposit investment products are
NOT FDIC INSURED
MAY LOSE VALUE
NO BANK GUARANTEE