Nexity Bank’s Clearing/Funds
Management program greatly enhances your operational efficiencies while
insuring your excess funds are automatically invested at highly competitive
rates through our Sweep program. Utilizing a tri-party agreement with
your local Federal Reserve Bank, our program will save you time and money
through a combination of our Internet-based communications package, NexLink,
superior customer service and attractive service charges.
You can direct all or part of your settlement activity to your Nexity
funds management account with the assurance that all excess funds
in increments of $1,000 above your pre-determined target balance
are invested nightly at a competitive fed funds rate. Our program
alleviates the need for you to actively manage your account throughout
the business day, freeing up your valuable time for other duties.
Allow us to inform you of our program attributes that differentiate
us from other correspondent banks.
P.O.
Box 43600 Birmingham, AL 35243-3600 Phone: (205) 298-6391
