TAKE THE NEXT STEP

Request a Detailed White Paper

A FREE, detailed paper on the topic of Sweep Accounts is available upon request. The paper was authored by Joe Slavens, attorney and President and CEO for Northwest Bank & Trust Company, a $170 million bank located in Davenport, Iowa, which has offered sweep accounts utilizing Repurchase Agreements (“repos”) for over 20 years.

Bank Sweep Manager’s BSM product was first designed and developed in 1996 by Northwest Bank &Trust, and in the past several years with Bank Sweep Manager, the product has continued to improve as new features and functionality are added to meet the needs of the growing customer base.


Select the Sweep, Inc, information you would like to request?  (check all that apply)
 Request a FREE Profitability Analysis
Request a FREE Product Demo of BSM
Request a Detailed White Paper about Sweep Accounts (pdf will be e-mailed to you)

Please provide the following information regarding your company.
Once your information has been submitted you will receive an email and/or phone call
regarding your requested materials.

Name:
Job Title:
Bank:
Phone:
Email:
Street Address:
City:
State:
     Zip Code:
Bank Asset Size:
Core System:
Best time to contact you:
Are you currently offering
a sweep program?
yes      no
If yes, list program

Thank you for your request!


This white paper covers:
  • What are sweep accounts?
  • Understanding service charges, sweep frequency, and excess transfers
  • Daily sweep options
  • Utilizing Repurchase Agreements
  • Repos and Government Securities
  • Other types of securities
  • Considerations for setting up an in-house sweep program
  • Compliance requirements (i.e. customer notices, confirmations, etc.)
  • Perfecting the customer’s security interest
  • Hold-in-custody repos
  • And more

   We look forward to speaking with you soon to discuss your needs and questions.