A PrimeSweep account provides you with the capability to automatically transfer a portion of your checking account funds into a money market fund. The funds transferred to a PrimeSweep account have the potential to earn attractive daily dividends. When the balance in your checking account exceeds a predetermined amount (target balance) set by you and a Cetera Representative, the excess money sweeps to a dividend earning money market fund of your choice. Likewise, if the balance in your checking account falls below the target balance, cash sweeps from the money market fund into your checking account. For your convenience, daily sweep transactions and the money market fund balance can be viewed online whenever you like. PrimeSweep offers another added value to opening an account by enabling you to write checks based upon your combined money market fund and checking account target balance. If this sounds like an intriguing option for you or your business, ask a Cetera Representative about applying for PrimeSweep.
Money Market Funds – mutual fund that sells shares of ownership and uses the proceeds to purchase short-term, high-quality securities.
Securities and insurance products are offered by Cetera Investment Services, Inc. member FINRA/SIPC 5217500000104429. Cetera Investment Services is a registered broker-dealer, registered investment adviser, and licensed insurance agency. Cetera is not affiliated with First Tuskegee Bank or its related companies. Securities and insurance products offered by Cetera are not FDIC insured, may go down in value, not bank guaranteed, not a deposit and are not insured by any federal government agency.
Advisory services may only be offered by Investment Adviser Representatives in connection with an appropriate Cetera Advisory Services Agreement and disclosure brochure as provided.
Cetera Registered Representatives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.
For a comprehensive review of your personal situation, consult your tax Advisor. Neither Cetera, nor any of its representatives, may give tax advice.
Mutual Funds, Variable Annuities and UITs are sold by prospectus. Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. The prospectus contains this and other information about the investment company. A prospectus is available from an Investment Executive. Please read the prospectus carefully before investing.