Cash Management Advance
A source of overnight liquidity to address day-to-day cash needs:
- Serves as no-cost liquidity insurance for unanticipated daily cash needs
- Enables the institution to hold less liquidity
- Priced to compete with Federal (Fed) Funds
Variable Rate, 1 to 90 days
Variable Rate: Subject to daily rate adjustments
Variable Rate: Prepayable at any time without prepayment fee
Variable rate CMA Advances may be prepaid at any time without a fee but only after the disbursement date.
To learn more about our Advance products, contact Jeff Berryman or Lisa Wishart at 800-828-4191.