Fox Chase Bank - Cash Management

Cash Management

Whether you’re a large company or a small business, Fox Chase Bank’s eXpress Investment Sweep can be a smart choice for keeping your excess cash invested, earning a competitive yield.  Our Cash Management Solutions Specialists can work with you to create an account that is right for your business.

ADVANTAGES of eXpress Investment Sweep:

Competitive Yields - With an Investment Sweep account you’ll get a potentially higher rate of return.  The competitive yields offered by our chosen money market funds are typically higher than the interest earned on a savings or a checking account:

  • Treasury Obligations Fund – This fund seeks to provide investors with current income consistent with stability of principal.  The fund pursues its objective by investing primarily in a portfolio of U.S. Treasury Securities maturing in 397 days or less.
  • Prime Obligations Fund – This fund seeks to provide investors with income consistent with stability of principal.  The fund pursues its objective by investing primarily in a portfolio of short-term, high quality, fixed income securities.  All securities are domestic sourced income only.

Same Day Sweep – Excess funds are calculated mid-afternoon and swept into the money market fund you choose prior to market closing.

Daily Dividends – Dividends are declared daily and paid monthly and can be automatically reinvested to compound the value.

Diversification – Money market mutual funds invest in a variety of securities, lessening the impact of fluctuations in any one security in your investment portfolio and thereby helping reduce your risk.

Ready Access to Your Money – You always have access to your checking account balance.

Convenience – By having your bank checking account linked to a money market fund investment account, you don’t have to juggle funds between accounts.

Relative Safety – Money market funds are among the safest, short-term investment products available for cash sweep programs.  Because money markets seek to maintain a stable per share value, when you invest a $1.00 in a money market fund, the goal is to get at least $1.00 out.

VeriSign Secured Member FDIC