Insured Cash Sweeps (ICS)
You shouldn't have to choose between protecting your capital, earning a competitive return, and maintaining cash flow.
With an Insured Cash Sweep (ICS) account, enjoy increased coverage while also benefiting from increased access to funds and higher returns than other savings options.
Benefits You'll Love
- Peace of mind with expanded FDIC insurance coverage
- Competitive yield helps grow your capital
- Easily access your funds for daily operations
- Interest above standard savings, which may compare favorably with other investment alternatives
- Greater security; multimillion-dollar FDIC insurance coverage
- Convenience; everything is managed internally by FNBC:
- One interest rate
- One regular statement
- One year-end tax form
- Less administrative burden than other collateralized deposits and repo sweep options
- Full FDIC coverage on amounts up to $50 million
For additional information on how Insured Cash Sweeps can benefit you, contact us.

