Insured Cash Sweep (ICS)
Details
Insured Cash Sweep (ICS)
With ICS, the Insured Cash Sweep service, we offer an interest-bearing product that provides access to multi-million-dollar FDIC insurance.
ICS demand option-funds are placed into DDAs, allowing users to make unlimited withdrawals per month.
ICS savings option-funds are placed into MMDAs, allowing users to make up to six withdrawals per month.
Withdrawal/Deposit requests made by 2:30 pm CST are credited the same day.