Business

• Commercial Banking
  • Revolving Lines of Credit
  • Term Loans
  • Letters of Credit
  • Specialty Banking
  • Syndications
  • Asset-based Lending
  • Corporate Depository & Investment Accounts
  • CDARS^®
• Commercial Real Estate Lending
• Treasury Management
• Capital Markets

Liquid Investment Alternatives

Managing your short-term liquidity and cash position is a delicate balancing act. You want to maintain safety of principal and liquidity while achieving competitive yields.

At The PrivateBank, our goal is to tip the scales in your favor by offering competitive products and services to meet your needs.

Our above-market Earnings Credit Rate on balances held in your Account Analysis checking account enables you to put more of your excess cash to work in investments*.

Our Money Market Deposit Accounts (MMDA) offer competitive yields with the safety of FDIC insurance. You can make up to six transfers per statement cycle between MMDA checking accounts.  Transfers are immediately available and can be viewed online with our Business NetBanking. **

Certificates of Deposit can provide better returns with the additional benefit of locking in your interest rate. The PrivateBank offers you the flexibility of maturities from seven days to five years.

Sweep Accounts deliver the convenience of automated overnight investing and a competitive ra interest rate. Our Sweep Accounts are invested in a PrivateBank Money Market Deposit Account. **

Please contact one of our investment representatives to discuss these and other safe, short-term, liquid investment alternatives.*

* NOT FDIC INSURED | May Lose Value | No Bank Guarantee
** The PrivateBank Return Sweep links a non-interest bearing demand deposit account (DDA) to an interest bearing money market account. Funds are swept from the non-interest-bearing demand deposit account to the interest-bearing money market account in accordance with pre-determined peg balances. The portion of the funds deposited into the non-interest-bearing demand deposit account maintained at The PrivateBank in your entity’s name and designated Tax Identification Number is fully guaranteed by the FDIC for the entire amount through December 31, 2009. However, under this sweep arrangement, funds are transferred to an interest-earning account that does not qualify for full deposit insurance coverage under the FDIC transaction account guarantee program. This action voids the FDIC’s guarantee with respect to the swept or transferred funds. The funds swept from the non-interest-bearing demand deposit account to the interest-bearing money market account are eligible for FDIC insurance up to a maximum of $250,000 per entity through December 31, 2009.