Insured Cash Sweep

Secure personal and business deposits with the Insured Cash Sweep (ICS) service, offering enhanced FDIC insurance for optimal protection and growth without compromising access to your funds.
Ryan Magyar, #50.1, 2009, Oil on paper. Insured Cash Sweep header image.

Safeguard Your Deposits

Insured Cash Sweep (ICS) is a service that allows First Western Trust, as part of the IntraFi network, to extend FDIC insurance coverage beyond the standard $250,000 limit. Using IntraFi’s software, we can automatically distribute your deposits across multiple participating banks, ensuring that every dollar remains fully insured while you manage your funds conveniently through a single account.

Shot of two businessmen going through paperwork together in an office. Insured Cash Sweep page.

How Insured Cash Sweep (ICS) Works

You deposit your funds with us.

We automatically divide your deposit across multiple banks in the ICS network if it’s over the FDIC insurance limit of $250,000.

Each portion stays under $250,000, so all of your deposits remain fully insured.

Your funds continue to earn interest, just like a regular account.

In short: ICS works behind the scenes to keep your money protected, growing, and easy to manage.

Young woman peacefully using her smartphone by a window in a cozy apartment, surrounded by green plants, radiating calm and happiness. Insured Cash Sweep page.

Comprehensive Financial Protection

Our ICS service goes beyond mere FDIC insurance extension. It is an integral component of your financial strategy, offering unmatched deposit security alongside the potential for earnings. This program operates by distributing your deposits among multiple FDIC-insured institutions, allowing each portion to be eligible for FDIC insurance up to the standard insurance maximum. This distribution ensures that your entire investment is covered, far exceeding the limits of a single institution.1
  • Full FDIC Coverage — Guarantee total insurance protection for your deposits, significantly beyond the standard FDIC insurance limits.
  • Easy Access to Funds — Enjoy the flexibility of accessing your insured deposits when needed without compromising on security.
  • Interest Earnings — Benefit from competitive interest rates, allowing your deposits to grow while they remain fully protected.
  • Simplified Account Management — Manage your funds effortlessly through a single banking relationship, enhancing convenience and efficiency.

Ready to learn more? Let’s have a conversation.

With Insured Cash Sweep (ICS), you can confidently manage deposits over the FDIC insurance limit while keeping every dollar fully protected. Your funds are automatically distributed across a network of banks, earning interest as they remain safely under the FDIC limit at each institution. You enjoy the convenience of managing all your deposits through a single account, eliminating the need to open multiple accounts or track transfers. Backed by the FDIC, ICS is a government-protected solution that combines safety, simplicity, and earning potential, so you can focus on your financial goals with complete peace of mind.

Secure your deposits and maximize returns with Insured Cash Sweep. Contact our team today to see how Insured Cash Sweep can work for you.

Explore Related Solutions

Private Banking

Tailored banking experiences designed to meet the unique needs of individuals, focusing on personalized service and sophisticated financial solutions.

Read more
First Western Trust Private Banking

Commercial Banking

Comprehensive banking solutions for businesses of all sizes, offering various products from loans to treasury management.

Read more
First Western Trust Commercial Banking

Wealth Management

Strategic advisory solutions aimed at enhancing your wealth management approach, focusing on long-term growth and financial health.

Read more
Wealth Strategy Services

Private Business Advisory

Gain strategic guidance aiding decision-making, optimizing operations, and driving growth and profitability.

Read more
Container 40

Family Office

Enhance your family’s financial legacy with our Family Office solutions, designed to align with your unique aspirations and wealth preservation goals.

Read more
Container24

— Jeffrey P.

“Having worked with First Western Trust for years, we have confidence knowing that they will be there to help us accomplish our goals and will always be there when we need them most to help our business move forward.”
Personal and Commercial banking services offered through First Western Trust Bank, Member FDIC.
Wealth Management and Investment services are Not a deposit, Not guaranteed by the Bank, May Lose Value.