Maximize Interest Overnight while Maintaining Access to Funds
The perfect account for anyone seeking safety, security, and liquidity.
Make an Appointment
Protecting your deposits, especially during times of market volatility is important. The Kearny Insured Liquidity Sweep account program is the most flexible, multi-million dollar FDIC-insured cash sweep account available. The insured cash sweep account provides access to a network of US banks that can offer millions of dollars in FDIC insurance coverage and daily liquidity. It's an ideal cash sweep option for anyone seeking safety, security and liquidity.
The Kearny Insured Liquidity Sweep account automatically maintains your desired daily minimum balance by transferring excess funds into another insured account, at the close of each business day.
Funds are still readily available via check, wire, EFT, or debit card, with full FDIC Insurance coverage up to $50 million per individual tax ID.
Interested in learning more about the Kearny Insured Liquidity Sweep account? Call 973-244-4516 or make an appointment.
Featured Key Benefits
Single Source Means You Only Deal with Kearny Bank
When linking your accounts to an insured liquidity sweep account with Kearny Bank, you'll work solely with them and avoid time-consuming record-keeping. The program automatically allocates deposits above the individual tax ID's $250,000 FDIC Insurance limit to insured accounts in other participating financial institutions.
Important Advantages
The insured liquidity sweep account is available to individuals, businesses and government entities. Consider the important advantages:
- Daily liquidity combined with expanded levels of FDIC insurance up to $50 million per individual tax ID number
- Automatic end-of-day transfer of funds in excess of target balance you set
- No withdrawal limitations
- Automatically transfers funds to meet daily account balance needs
- Daily balance reporting
- Separate monthly investment account statement
- Download detailed flyer here.
Click here for a list of all of the insured depository institutions that are part of the deposit network of IntraFi LLC.
Related Products
Explore our range of personal banking services today.
Relationship Checking
A checking account that earns interest and perks.
High Yield Checking
Get more from your checking account. Earn interest without any of the drawbacks.
Cash Back Checking
The checking account that PAYS you cash back on your point-of-sale purchases.
E-Z Checking
Your everyday checking made easy.
Open a Kearny Insured Liquidity Sweep account today.
The right combination of security and fluidity for your funds.