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Liquidity Management Services

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You can easily manage your cash position with one of the following Danversbank liquidity products.

Sweep to Investment*
• Eliminates the need to manually determine your cash position and 
  invest daily excess cash.
• Maximizes interest income and eliminates idle balances

Sweep to Line of Credit 
• Pay down loan balances automatically and eliminate non-productive 
  balances
• Borrowing or investment decisions are based on actual needs

Dual Sweep*  
• The most efficient way to minimize interest expense and maximize 
   interest income using a fully automated cash management service
• Automatically borrows amounts needed to meet funding needs on 
  a daily basis in order to minimize interest expense
• Automatically applies excess balances to a commercial loan in 
  order to minimize interest expense
• Allows excess demand deposit account balances to be invested if
  the loan is fully repaid, therefore maximizing interest income.

Zero Balance Account 
• Provides greater control over your cash flow by keeping funds
  concentrated in one account
• Combine funds while maintaining transaction information at the
  account level
• Save time and eliminates manual transfers

*Non-deposit investment products are not insured by the FDIC, are not deposits of or obligations of Danversbank, are not guaranteed by the bank, and are subject to market risk, including the possible loss of principal.

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