FDIC-Insured—Backed by the full faith and credit of the U.S. Government
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Tell Us Your Needs
Contact our Cash Management/Business Banking Specialist team to talk through your goals.
Cash Management
Make every dollar work
Your cash shouldn't sit idle when it could be working for you. Cash Flow Optimization is a suite of products and services that automates the movement of funds between your accounts, helps you save for the future and may help reduce interest costs on eligible loan products through automated sweep arrangements. The result: more efficient back-office operations, smarter account structure and modern cash forecasting, so you can plan with confidence. Benefits vary based on account structure, balances, transaction activity, and selected services. A local team across Rhode Island and eastern Connecticut helps you find the right setup for your business.
Solutions
- Business Savings & CDs with access to additional FDIC insurance coverage1
- Automated Investment Cash Sweep2
- Automated Line of Credit Sweep
- Zero & Target Balance Accounts3
- Target Balance Sweeps & Cash Consolidator4,5
Why It Helps
- Increases back-office efficiency
- Improves account structure and reporting
- Simplifies Liquidity Management
- Modernizes money movement and forecasting
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Get the Right Solutions
We'll help identify solutions that align with your business needs.
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Put It to Work
Enroll and start streamlining your day-to-day operations.
Common Questions
Cash Flow Optimization FAQs
Common questions about eligibility and enrolling.
Contact our Cash Management/Business Banking Specialist team and we'll walk you through setup for your accounts.
Eligibility varies by service and account type. Contact us and we'll review your accounts to recommend the right cash flow optimization products for your business.
Get Started
Optimize Your Cash Flow
Contact our Cash Management/Business Banking Specialist team to put Cash Flow Optimization to work for your business.
Contact Us
Disclosure:
1 Options may be available to provide access to additional FDIC insurance coverage through qualifying deposit placement programs, subject to program terms and applicable limits.
2 Automated Investment Cash Sweep is an investment sweep linked to business checking to maximize interest income
3 Zero & Target Balance Accounts is an automated sweep between checking accounts to pool cash or automate funding.
4 Target Balance Sweeps are an automated feature of a sweep account that maintains a desired cash balance in a checking account by transferring excess funds to an interest-bearing account. This daily transfer process is triggered by a predetermined target balance, ensuring operational funds are readily available while also maximizing earnings on surplus cash.
5 Cash Consolidator is an online tool that automates the consolidation of cash with one-stop visibility and reconciliation from all banking relationships. Customers with access to the service link their external deposit accounts via a Plaid integration. Each linked account is set up with a target balance which triggers an automated sweep from the external account into their Centreville Bank operating account.