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Enjoy automatic use of your end-of-day balances to earn interest or pay down a line of credit.

Sweep and Automated Borrowing is an electronic link between DDA’s and/or a credit facility.

Benefits:

  • Automated movement of funds efficiently
  • Automated repayment on line of credit minimizes interest expense

Automate Sweep Service – automatic use of your end-of-day balances to earn interest or pay down a line of credit. 

Reduce your workload and worries – By automatically maintaining your target balance, sweep service reduces your workload and eliminates worries about transfers not made because of employee turnover or absenteeism within your company.  

Access information easily – you can view sweep transactions through FNBMT Online Banking. 

Benefits:

  • Available to business customers with an open credit line with First National Bank of Middle Tennessee
  • Keep your money working for you, automatically
  • Receive benefits where you need them the most:
  • Designate a target checking balance
  • Excess funds are automatically swept into line of credit account to pay down balance
  • Funds are swept back over to your checking should you fall short of your balance
  • Access information easily; view sweep transactions through FNBMT Online Banking