Business Sweep Account
Protect larger business balances with extended NCUA share insurance with clear access to your funds.
Schedule an AppointmentFederally insured by NCUA.
Protect reserve cash without adding operational complexity
Business Sweep is designed for reserve balances, with extended insurance, visibility into where funds are placed, and access to deposits, transfers, and withdrawals when you need them.
Why businesses choose Business Sweep
Extended NCUA share insurance
Protect larger balances through participating credit unions while maintaining one Sunward account relationship.
One relationship, full visibility
Sunward manages fund placement, and you can view where deposits are allocated with 24/7 transparency.
Access when you need it
Deposit, transfer, and withdraw funds with the flexibility your business needs for changing cash conditions.
Built for reserves, not lockups
Business Sweep is a liquid reserve strategy for business cash, not a long-term lockup. It helps you stay protected while keeping funds accessible.
When controls and treasury needs grow, we route you to the right setup
Business Sweep supports reserve protection. When your needs shift toward controls, auditability, fraud mitigation, or treasury logistics, Sunward can configure a treasury path with Account Analysis Checking, Positive Pay, ACH origination, and treasury management support.
Explore Treasury ManagementGetting started with Business Sweep
1
Schedule an Appointment
A Sunward Expert will confirm fit, answer questions, and walk you through how the account works for your reserve balances.
2
Review and accept terms
Business Sweep opens through a standard account process with the required terms and conditions.
3
Fund your account
Move funds into your new account to begin extended insurance placement and reserve management.
4
View allocations and manage funds
Use Sunward and the member portal experience to track allocations and maintain visibility into your protected deposits.
Rate tiers for Business Sweep balances
| Deposit Tier | Dividend Rate (DR) | APY1 |
|---|---|---|
| $250,000 - $499,999 | 2.23% | 2.25% |
| $500,000 - $999,999 | 2.72% | 2.75% |
| $1,000,000 - $2,999,999 | 3.01% | 3.05% |
| $3,000,000+ | 3.20% | 3.25% |
1Annual Percentage Yield (APY) if dividends are not withdrawn during the term. Yields determined at the time of investment. Dividend rate and APY may change at the discretion of the Board of Directors.
Rates Effective as of:
Smaller reserve balances deserve a yield plan
If your business is building reserves below the Business Sweep range, Business Money Maker is the right companion account for liquid set-asides.
Explore Business Money MakerClick here to view the documents required to open a business account
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| Documents Required | Sole Proprietorship | LLC | Corporation (S, C, and Non-Profit) | General Partnership | LP, LLP, LLLP | Club Account | Public Funds Account (NM entities only) |
|---|---|---|---|---|---|---|---|
| ID information for all signers | X | X | X | X | X | X | X |
|
Tax ID
EIN letter or a tax return from the last 2 tax years - must show as filed |
EIN/SSN | EIN/SSN | EIN | EIN | EIN | EIN/SSN | EIN |
|
Articles of Organization
Must be a stamped copy or the online certification shown as filed by the state |
X | ||||||
|
Articles of Incorporation
Must be a stamped copy or the online certification shown as filed by the state |
X | ||||||
|
Business License
Must show the DBA name and business owner's name or business name or Business License and State-issued Taxation and Revenue Department Registration Certificateif the Business License does not display the owner’s name or business name |
X | X (only if using trade name/DBA) |
X (only if using trade name/DBA) |
X (only if using trade name/DBA) |
X (only if using trade name/DBA) |
||
|
Foreign Registration
Required if business is registered outside NM, CA, CO, AZ, TX, UT, NV and is doing business in one of these states |
X | X | X | X | |||
|
Operating Agreement
or
Alternative Document (signed letter/meeting minutes)
specifying who is authorized to establish membership |
X | ||||||
|
By-Laws
or
Alternative Document (signed letter/meeting minutes)
specifying who is authorized to establish membership |
X | ||||||
|
Partnership Agreement
or
Articles of Partnership
or
Alternative Document (signed letter/meeting minutes)
specifying who is authorized to establish membership |
X | X | |||||
|
Meeting Minutes
specifying who is authorized to establish membership |
X | ||||||
|
Letter of Instruction
specifying who is authorized to establish membership (must be signed by an official) |
X | ||||||
|
Letter from Sponsoring Organization if using sponsor's EIN |
X |