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Sweep Accounts

With our Business Banking Sweep Account,* you’ll maximize your earnings potential with unlimited, automatic funds transfers between your business checking account and an investment account that features a great, tiered rate.  Simply select a target balance for your business checking account and we will sweep any available excess funds into your investment account each night.

 

 

*Sweep Account deposits are not insured by the FDIC or DIF.

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Transaction Account Guarantee Program: Bank of Canton has elected to participate in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all non-interest bearing transaction accounts 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. Please note that Municipal N.O.W. Accounts do not meet the FDIC definition of a "non-interest bearing account", and, as such, are not included in the Transaction Account Guarantee Program.

Investment products and services are offered through INFINEX INVESTMENTS, Inc. Member FINRA/SIPC. Insurance products are offered through Infinex Insurance Agency of Massachusetts, Inc. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.