Cash Management
Repurchase Agreement Sweep Account
The Franklin Savings Bank Repurchase Agreement Sweep Account provides an automated cash management vehicle for transferring your Business Checking collected balances to and from a Securitized Repurchase Agreement investment on a daily basis. Some key features of this account include:
- Earn competitive market rates.
- Be informed of transactions with daily e-mail confirmations.
- Backed by U.S. Government Treasury, Agency, and/or Mortgage-Backed Securities, and the investment is 100% collateralized.
- A compensating target is determined to offset monthly maintenance charges.
- The convenience of investing your excess liquidity is packaged in this financial management resource - all at no charge.
To find out more about Franklin Savings Bank's Repurchase Agreement Sweep Account, call one of our Personal Bankers at (603) 934-4445 or (800) FSB-4445, visit us at any of our eight Central NH offices, or complete our Information Request Form.
| Not FDIC INSURED | May lose value | No bank guarantee |