Business

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

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 and 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 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

**FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS and IMPORTANT FDIC INSURANCE INFORMATION REGARDING YOUR ACCOUNTS WITH AUTOMATIC SWEEP FEATURES
All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts. 
The PrivateBank Cash Sweep Account and any automatic transfer agreement you have, link to a noninterest-bearing demand deposit account (DDA) to an interest-bearing account. As such, the portion of the funds deposited into the noninterest-bearing demand deposit account maintained at The PrivateBank in your entity’s name and designated Tax Identification Number are fully guaranteed by the FDIC for the entire amount through December 31, 2012. The portion of funds swept into the interest-bearing account is eligible for FDIC insurance coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.