Bank Sweep Manager and Repurchase Agreements
Bank Sweep Manager-Repurchase
KeySavings Bank is a leading provider of maximizing protection to your deposits on a daily basis. Each night any balance over the FDIC insured amount is swept into an account that is secured by government backed securities and pays interest. This collateralizes the deposit by the security.
*All securities are secured by the Federal Home Loan Bank of Chicago-out third party Custodian