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Sweep account

• Account in which the bank takes all of the excess available funds at the close of each business day and invests them for the firm.

 
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Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...

People of mediocre ability sometimes achieve outstanding success because they don't know when to quit. Most men succeed because they are determined to. George Herbert Allen

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