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Overnight Deposit Sweep

Use Overnight Deposit ###DISCLAIMER:2_0 Overnight Deposits### to streamline your daily treasury management and increase your interest income potential. Balances in excess of your target balance are automatically transferred overnight in U.S. dollars to Union Bank's Cayman Islands branch. Overnight deposits are not FDIC-insured,###DISCLAIMER:2_0 Overnight Deposits### but are supported by the full strength of Union Bank.

Money Market Mutual Fund Sweep

We offer a choice of the four following funds from Reich & Tang, a nationally recognized family of mutual funds as a sweep option.###DISCLAIMER:2_0 Money Swept### The Reich & Tang Money Market Funds typically invest in short-term, investment-grade debt securities:###DISCLAIMER:2_0 Sweeps Reich & Tang###
  • Daily Income Fund Money Market Portfolio
  • Daily Income Fund U.S. Treasury Portfolio
  • Daily Income Fund U.S. Government Portfolio
  • California Daily Tax-Free Income Fund

Loan Sweep and Two-way Sweep

Use the loan sweep option to help manage your daily borrowing needs and reduce your interest expense. Link your checking account with a Union Bank line of credit (subject to Union Bank credit policies) and use end-of-day collected balances to pay down your outstanding loan amount or borrow as necessary to maintain your defined target balance.

You can also link an investment option ###DISCLAIMER:2_0 Overnight Deposits###, ###DISCLAIMER:2_0 Money Swept###, ###DISCLAIMER:2_0 Financing - Short###, ###DISCLAIMER:2_0 Sweeps Investments###, ###DISCLAIMER:2_0 Sweeps Reich & Tang### with your line of credit with the two-way sweep to maximize earnings potential on collected balances and reduce interest expense.

Talk to your Union Bank relationship manager about how sweeps generate earnings on excess balances.
tcm:9-41766 Contact your relationship manager or call Treasury Management Sales at
1-800-883-0285 for an in-person consultation.