Sweep Accounts for Businesses
My Utah is a sweeping vista and a tool
to keep my working capital in motion.
Utah's vast landscapes inspire limitless possibilities, just like
your business.
At Bank of Utah, we share that vision. Known for our personalized
approach, we offer a variety of sweep accounts to perfectly match
your specific needs. Our seamless and efficient transfers ensure
excess funds are always working for you, actively contributing to
your company's growth.
Sweep accounts can be opened in a branch.
Contact a Treasury Management Specialist
Tailored Solutions for Your Business
Our customizable solutions let you earn interest, manage debt strategically and/or activate a safety net – all tailored to your specific business needs.

Earn Interest
Automatically transfer excess funds to an interest-bearing account, maximizing your return on idle cash

Reduce Debt
Strategically pay down a line of credit or other loans, helping you manage debt efficiently

Activate a Safety Net
Seamlessly transfer funds to cover checks or maintain service balance, keeping your finances on track
Features and Benefits Features and Benefits Important Note: Repurchase Sweep is an overnight repurchase account with no transaction limit and is not FDIC insured. The funds are backed by the U.S. Government Agency Securities. This account has a monthly maintenance fee; for details, please contact us.
Features and Benefits Features and Benefits Good if: You want to pay down debt faster, earn interest on excess funds and maintain a safety net. Features and Benefits Important Note: Scheduled line of credit payments remain your responsibility. This sweep option does not allow automatic scheduled payments or required interest repayment. We'll provide monthly statements of all account activity and separate notices when line of credit payments are due.
Features and Benefits A sweep account is a smart financial tool that automates your cash management, constantly optimizing your account balances. Here's how it works: This creates a dynamic system that keeps your checking account functioning smoothly while maximizing the return on your idle cash. Here's a quick overview of what to expect: 1. Linked Accounts: 2. Sweep Agreement: 3. Activation:
Types of Sweep Accounts
Loan Sweep
Repurchase Sweep
Zero Balance Sweep
Money Market Sweep
3 Way Sweep
Insured Cash Sweep (ICS)
How Does a Sweep Account Work?
How to Set Up Your Sweep Account