Skip to main content

Read more about our corporate brand here.

Search
Woman in black shirt working on laptop
cash management

Cash Sweep

Earn dividends on your idle cash while maintaining access to your funds.

Let your idle cash work for you while you focus on what matters — your business

Cash SweepD automatically moves cash you're not using into the money market funds you select from our curated list of respected fund managers.

AAA-rated funds from top-tier managers

Invest your cash into US Government and Treasury bond funds that focus on capital preservation and are managed by Morgan Stanley, BlackRock and Western Asset Management.

Flexible setup

Compare and research funds online. Manage your target balanceD and move cash among funds seamlessly.

Convenient online access and fund transparency

Review your accounts and all transactions through online banking, where you can also access monthly statements and fund materials.

Cash Sweep offers highly rated funds from respected fund managers

Feel secure knowing that you can select investments from experienced fund managers.

BlackRock

BlackRock Liquidity Funds FedFund

Share Class: Administration Shares
CUSIP: 09248U445
Ticker: BLFXX

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Morgan Stanley

Morgan Stanley Government Money Market Fund

Share Class: Institutional Select
CUSIP: 61747C871
Ticker: MGSXX

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Western Asset Management (A Legg Mason Company)

Western Asset Government Reserves Investor Shares

Share Class: Investor Shares
CUSIP: 52470G650
Ticker: LGRXX

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

BlackRock

BlackRock Liquidity Funds T-Fund

Share Class: Administration Shares
CUSIP: 09248U676
Ticker: BTAXX

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Morgan Stanley

Morgan Stanley Treasury Money Market Fund

Share Class: Institutional Select
CUSIP: 61747C558
Ticker: MTSXX

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Western Asset Management (A Legg Mason Company)

Western Asset Institutional U.S. Treasury Reserves Investor Shares

Share Class: Investor Shares
CUSIP: 52470G684
Ticker: LTRXX

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Western Asset Management (A Legg Mason Company) - Cayman Island Domiciled Funds

Western Asset Government MMF Class 1 Shares

Share Class: Institutional Shares
CUSIP: G95545102

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Western Asset Management (A Legg Mason Company) - Cayman Island Domiciled Funds

Western Asset Institutional Cash Reserves Class 1 Shares

Share Class: Institutional Shares
CUSIP: G21540102

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Western Asset Management (A Legg Mason Company) - Cayman Island Domiciled Funds

Western Asset U.S. Treasury Reserves Class 1 Shares

Share Class: Institutional Shares
CUSIP: G9554E103

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Morgan Stanley Investment Management - Luxembourg Domiciled Fund

Morgan Stanley U.S. Treasury Fund

Share Class: Institutional Select
CUSIP: L64887455

Annual Report (PDF)
Fact Sheet (PDF)
Prospectus (PDF)
Portfolio Holdings (PDF)

Turn idle cash into dividend-earning funds

Cash Sweep offers flexibility and convenience that might be right for you.

Person with laptop and credit card
Maintain access to your cash whenever you need it

With Cash Sweep, you always have access to your invested funds, so you’re always covered.

Financial trading chart
Automate your investment program

Your cash can work for you while you work on growing your business.

Crowd of business people
Access expertise and business insights

Go beyond banking by joining First Citizens Innovation Banking network of investment, finance and innovation experts to gain industry connections and grow your business.

Ready to make your money work for you around the clock?

Talk to one of our Relationship Managers about setting up a program that is right for you.

Explore more ways First Citizens Innovation Banking can help you

Our banking products can help support you as you look to unlock new opportunities no matter your stage of growth - call us today to learn how we can help your business.

Commercial Cards

SVB Commercial CardsD are designed to help you better manage your spending and payments transactions, while you scale and grow your business.

Business Checking

Feature-rich banking servicesD that let you focus on building your business.

Global Banking Services

Banking, investment and advisory services designed to support your business as you expand globally.

Online Tools & Integration

24/7 banking tools designed with maximum flexibility, integration options and robust security.

Lending

Flexible, tailored financing solutionsD to help you fuel your business strategies.

Foreign Exchange Services

Foreign exchange servicesD to help you manage non-US revenue & payments and currency risk.

Cash Sweep is a product of First Citizens Bank. Additional terms and conditions apply. Please refer to the Cash Sweep Program Account Agreement for additional details. Investors in a money market fund should consider carefully the information contained in the prospectus of the fund, including investment objectives, risks, charges and expenses. You can obtain a prospectus by clicking on specific fund companies at Cash Sweep or by calling your relationship advisor. Please read the prospectus carefully before investing. Shares in money market funds are not deposits within the meaning of 12 U.S.C. § 1813(l) and are not insured by the FDIC. Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.

Investment and insurance products:

Are not insured by the FDIC or any other federal government agencyAre not deposits of or guaranteed by a BankMay lose valueAre subject to investment risks including possible loss of principal invested

A target balance represents the dollar amount you have selected to maintain as a minimum daily balance in the deposit account linked to Cash Sweep. A minimum target balance requirement may apply.

All credit products and loans provided by First-Citizens Bank & Trust Company are subject to underwriting, credit, and collateral approval. Financing availability may vary by state. Restrictions may apply. All information contained herein is for informational purposes only and no guarantee is expressed or implied. Rates, terms, programs, and underwriting policies are subject to change without notice. This is not a commitment to lend. Terms and conditions apply. NMLSR ID 503941
Bank deposit products are offered by First-Citizens Bank & Trust Company. Member FDIC and an Equal Housing Lender.

Business Checking For details about Business Checking products please see the Deposit Agreement and Disclosure statement, and the Schedule of Fees for more information. Terms and account features for Business Checking are subject to change without notice.

FX Foreign exchange transactions can be highly risky, and losses may occur in short periods of time if there is an adverse movement of exchange rates. Exchange rates can be highly volatile and are impacted by numerous economic, political and social factors, as well as supply and demand and governmental intervention, control and adjustments. Investments in financial instruments carry significant risk, including the possible loss of the principal amount invested. Before entering any foreign exchange transaction, you should obtain advice from your own tax, financial, legal and other advisors, and only make investment decisions on the basis of your own objectives, experience and resources. Opinions expressed are our opinions as of the date of this content only. The material is based upon information which we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such.

The U.S. tax consequences to investors in a non-domestic money market mutual fund depend on each investor’s circumstances. First Citizens Bank does not provide tax advice. In general, investors in a Fund that are not U.S. persons should not be subject to U.S. federal income tax on any distributions from the Fund or on the sale or exchange of shares of the Fund, unless those shares are held in connection with a U.S. trade or business of the investor (and, if the investor is eligible for benefits under an income tax treaty, are attributable to a permanent establishment or fixed base that the investor maintains in the U.S.). Clients should check with their tax advisor.

This material is for informational purposes only and is not intended to be an offer, specific investment strategy, recommendation or solicitation to purchase or sell any security or insurance product and should not be construed as legal, tax or accounting advice. Please consult with your legal or tax advisor regarding the particular facts and circumstances of your situation prior to making any financial decision. While we believe that the information presented is from reliable sources, we do not represent, warrant or guarantee that it is accurate or complete.

The U.S. tax consequences to investors in a non-domestic money market mutual fund depend on each investor’s circumstances. First Citizens Bank does not provide tax advice. In general, investors in a Fund that are not U.S. persons should not be subject to U.S. federal income tax on any distributions from the Fund or on the sale or exchange of shares of the Fund, unless those shares are held in connection with a U.S. trade or business of the investor (and, if the investor is eligible for benefits under an income tax treaty, are attributable to a permanent establishment or fixed base that the investor maintains in the U.S.). Clients should check with their tax advisor.

None of this material, nor its content, nor any copy of it, may be altered in any way, copied, transmitted or distributed to any other party, without the prior express written permission of First Citizens Bank. For institutional purposes only.

CompID#1244321298

Back to top
You are now leaving First Citizens Innovation Banking

You will be directed to a different website or mobile app that has its own terms of use, visitor agreement, security and privacy policies. First Citizens Innovation Banking is not responsible for (and does not provide) any products, services or content at the third party site or app, except for the products and services that carry the First Citizens Innovation Banking name.