Make the most of the excess funds in your Washington Financial Bank Business Checking account with our Demand Deposit Marketplace (DDM) Sweep Service. This unique, fully automated cash management solution provides multi-million dollar FDIC insurance on excess funds.
When you elect to use DDM, the excess funds in your Business Checking account will automatically transfer to an interest earning investment account at the end of each day. Funds sweep back automatically as needed when you’re below your target balance. Your funds remain completely liquid, earn interest and are FDIC insured – all without the need to manually manage multiple accounts.