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Cash Management
Why leave spare funds sitting idle, not generating interest income for you? With this cash
management service, an investment account is tied to your Bar Harbor BusinessPlus checking
account. Excess cash is automatically transferred into the investment account based upon a
predetermined target balance in your checking account.
You'll earn a higher rate of return on excess funds, ensuring that all of your cash works as
hard as possible for your business.
Your checking account is FDIC insured, and all funds in the investment account are invested
in Repurchase Agreements and collateralized U.S. Government or U.S. Government Agency
Securities.
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