is a product available for Commercial Customers with more than $250,000 in account balances. It is ideal for corporations looking to invest excess funds while maintaining liquidity.
REPO can be a stand-alone account, or it may be linked to the operating account and have excess funds swept in order to maximize interest.
While the swept funds are not FDIC-insured, the funds are collateralized by a portion of FCB’s portfolio of U.S. government-backed securities.
To learn more about our Repurchase Program,
contact us today!
Stop by your local FCB branch, or
email us at firstname.lastname@example.org.
1. Investment Sweeps are: NOT A DEPOSIT- NOT FDIC INSURED-NOT GUARANTEED BY THE BANK-NOT INSURED BY ANY STATE OR FEDERAL GOVERNMENT AGENCY- MAY LOSE VALUE.