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Business Accounts
Conestoga Bank would like your business to be as successful as possible. That's why we offer a wide variety of checking accounts to best serve your company.
Cash Management
Commercial Sweep Account
This combination checking account and interest-bearing repurchase agreement maximizes your investment dollars. The checking account maintains a target balance of $25,000. Each day, after all of your checks, ATM transactions, and debit card purchases have cleared, excess funds are transferred to the interest repurchase agreement and invested nightly.
Account Benefits:
- Automatic transfer of funds with no customer
intervention
- No need for constant account monitoring:
excess cash invested nightly
- Monthly combined statements with
your imaged checks
- Funds collateralized by government securities
- Unlimited check writing
- 24-hour access
- Free business check card for purchases and
withdrawals
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