Businesses and municipalities can easily access FDIC insurance on large deposits while still working with just GRB using our sweep services.
GRB Business Sweep
On a daily basis, GRB will automatically transfer excess balances into an interest-bearing account, allowing your business to earn a competitive rate of return on your funds. GRB’s loan sweep links your business checking account and line of credit. Line advances and paydowns are initiated automatically as needed.
Contact GRB's Cash Management Team for more information.
ICS® for Business Sweep
GRB is a member of the Promontory Interfinancial Network, which provides our customers with access to multi-million dollar enhanced FDIC protection on CD and Money Market investments.
For more information on Enhanced FDIC Coverage.
ICS® for Municipal Funds Sweep
Specifically for Municipal organizations, the ICS for Municipal Funds Sweep provides access to multi-million dollar FDIC insurance on funds placed into money market deposit accounts using the ICS®, or Insured Cash Sweep service.
For more information on Municipal Sweeps.