Ease-Sweep Account

The Ease-Sweep Account is a high-performance cash management account for putting your credit union's excess liquidity to work each night. When the account is opened, you establish the minimum balance to be retained in your Daily Transaction Account, which may be changed at your discretion.

At the end of each business day, EasCorp automatically sweeps any surplus balance to your Ease-Sweep Account where the funds earn competitive rates overnight.  Your balance in the Ease-Sweep Account is replenished to your Daily Transaction Account before the start of business the following day, where it is available for settlement purposes once again.

The Ease-Sweep Account provides a convenient, secure way to manage your cash for maximum performance and may be used to offset Regulation D Reserve Requirements.