Silverton Bank offers a corporate cash sweep program, called the Cash Advantage Account.  This program is an off-balance sheet sweep account that will allow your bank to pay interest to corporate customers.  Your customers’ excess balances will be swept daily into repurchase agreements collateralized with U.S. government securities owned by Silverton Bank.

With the Cash Advantage Account your bank will have a program where your customers legally purchase a specific security without using your bank’s securities as collateral.  You will be able to offer your customers a competitive interest rate on their excess balances while generating fee income for your bank.  Due to the off-balance sheet nature of the program, your bank can retain high deposit customers regardless of capital restrictions. 

Cash Advantage Account Description

For more information about Capital Markets, please visit our Corporate Cash Sweep Programs Contact Us page or contact your marketing representative.