Commercial Sweep Account

Commercial Sweep accounts are designed for high balance and high volume commercial checking accounts and allow the owner to receive interest on excess collected balances.  Functionally, cash balances in a business’s commercial checking account sweep into and out of the Commercial Sweep account based on targets established by the bank.

How it works:

M&M Bank’s Commercial Sweep Account operates by establishing a target balance for your checking account. On a daily basis, collected balances above that target are automatically swept into your repurchase agreement investment. Funds are swept out of theCommercial Sweep account to maintain the required balance if the account falls below the target.

Earnings are credited to your account daily.

How your company benefits:

  • Fully automated sweeps eliminates missed investment opportunities.
  • Eliminates the time-consuming responsibilities of managing and timing transfers of idle cash between your checking and investment accounts.
  • Excess checking account balances work for you, earning interest, instead of sitting idle in your checking account.

Ask your business banker for more information.

  • We Have You Covered

    Online Cash Management

    Manage your cash flow from the comfort of your home or office through the M&M Bank website. All of our Online Cash Management services are available with the convenience of Internet access. Keep track of your daily transactions by viewing account histories on-line or by downloading financial data into most popular financial software. Learn more.

    Positive Pay

    Help prevent check fraud with M&M Bank’s Positive Pay feature.  Positive Pay compares checks presented against your account with a list of authorized and outstanding checks that you upload.  Items that don’t match get rejected and flagged for further review.

    Merchant Processing

    M&M Bank provides Merchant processing services which allows you to accept bankcards in payment for goods and services. We can facilitate the acceptance of VISA, Mastercard, American Express, Discovery, and many other brand name cards.

    Other Commercial Banking Services

    M&M Bank is constantly striving to expand our ability to serve you.  Learn more.

    • Loans to Fit Your Needs

      Business Lines of Credit 

      We understand that you need to manage daily expenses and cash flow while taking advantage of opportunities for future growth. The Business Lines of Credit from M&M Bank give you a flexible and convenient way to meet a variety of short-term working capital needs.

      Business Term Loans 

      If you are making an acquisition, purchasing equipment or vehicles or simply consolidating existing debt, M&M Bank can design a Business Term Loan that fits your needs.

      Commercial Real Estate Loans 

      M&M Bank can meet your financing requirements for a variety of commercial real estate deals. We can help you construct, purchase, expand, or renovate almost any kind of property at very competitive rates.

      SBA Loans

      M&M Bank is a Participating SBA lender, which allows us to help you access this valuable government program. SBA Loans are ideal for businesses throughout their life cycles, whether you are starting up or expanding, ask us how M&M Bank and the SBA can make your vision a reality. Learn more.

      M&M Bank is here to serve your business needs.  Give us a call today or Contact a Commercial Lender.

    • Meeting the Needs of Closely-held Businesses

      Whether your company has been in business for decades or you are an entrepreneur just getting started, you'll find a good partner at M&M Bank. We provide a comprehensive set of solutions and personal customer service. Contact us today. We can help you simplify your daily operations and achieve your goals for success. 

      Business Checking Account

      Our business checking account is designed to fulfill your business needs. Our commitment is to design a package of banking services customized to meeting the needs of your business.  Learn more

      Business Savings Account

      M&M Bank knows that you have worked hard for your money. We know that you want your bank to help you make it grow. We offer a number of business savings solutions to help you get the most out of your savings. Learn more.

      Commercial Sweep Account

      Commercial Sweep accounts are designed for high balance and high volume commercial checking accounts and allow the owner to receive interest on excess collected balances.  Functionally, cash balances in a business’s commercial checking account sweep into and out of the Commercial Sweep account based on targets established by the bank. Learn more

      Business Money Market Account

      Earn more money on your excess cash balances by opening an M&M Bank Business Money Market account.  M&M Bank’s Money Market accounts earn a higher rate of interest that is tiered based on the amount of money on deposit.  Some restrictions apply; please ask your banker for more details.  Learn more.

      Certificates of Deposit

      M&M Bank’s Certificates of Deposit (CDs) are FDIC-insured and offer a wide range of term options and competitive rates. In addition, M&M Bank is a member of the CDARS network, allowing the bank to multiply exponentially the available FDIC insurance coverage for our Certificate of Deposit customers.

      For more information visit Bank’s CDs or CDARs program, or Contact us today.

      Business Visa Card

      The M&M Bank Platinum Business Visa is accepted worldwide for all of your business expenses, including travel, vendor payments and purchases. Issue multiple cards with differing credit limits to your employees. Earn points for all of your purchases that can be redeemed for merchandise, travel or unique experiences through the Choosesm Reward Program. Enjoy all of the benefits of Visa’s Signature Card program, including Purchase Protection, Rental Collision/Damage Waiver and Visa’s Travel and Emergency Services. Learn more.

    • Visa Credit Cards for Business.

      Introducing the Platinum Visa Card from M&M Bank! The M&M Bank Platinum Business Visa is accepted worldwide for all of your business expenses, including travel, vendor payments and purchases. Issue multiple cards with differing credit limits to your employees. Earn points for all of your purchases that can be redeemed for merchandise, travel or unique experiences through the uChoosesm Rewards Program. Enjoy all of the benefits of Visa’s Signature Card program, including Purchase Protection, Rental Collision/Damage Waiver and Visa’s Travel and Emergency Services.


         Ask about applying today!Visa