Login menu Jump to: Line of Credit Sweep Take the right steps to protect your business checking account Meet Our Experts Contact Us Home Business Financing Line of Credit Sweep BUSINESS CALCULATORS Better information leads to better decisions Crunch the numbers Automatic money transfers help reduce overdraft risks Business checking accounts generate a lot of activity. When you're approved for a Line of Credit Sweep, First American Bank will constantly monitor your transactions and automatically transfer money if the account balance is getting too low. First American offers two types of Sweep products: One-Way Sweep Transfers money from your line of credit to your checking account when your balance drops below a set level Protects you from overdrafts and ensures your account has the amount of cushion you prefer Two-Way Sweep Transfers money into your checking account when it drops below a certain level Transfers money out of your checking account when it exceeds a set amount and uses it to pay down any outstanding principal on your line of credit How Your Company Benefits Provides the convenience of automatic transfer Improves cash flow Reduces interest expense Consider This Service If Your Company: Has a line of credit or a term loan as well as a checking account with First American Requires certainty that funds will always be available to cover incoming debits Wants to reduce interest expense First American Bank is a full-service bank with branches in Illinois, Wisconsin and Florida. Get Started Contact Us (847) 427-5000 Go to slide 1 Go to slide 2 Have been banking here for years. There is not a better bank anywhere around. They are lucky to have the staff they have because they are excellent. Share Your Story Business Articles Business Calculators Meet Our Business Experts Get More For Your Money Lower fees for businesses of all sizes Business Checking Accounts Streamline your business finances Digital Services We Do More For Your Money First American Bank in Illinois, Wisconsin and Florida offers valuable personal and business banking solutions including checking accounts, savings accounts, mortgages, commercial loans and much more. Bank online, with our mobile app or visit one of our conveniently located branches today. Customer Service Phone Number: (847) 952-3700 Routing Number: 071922777 Our Team FAQs Connect With Us Facebook icon Twitter icon Linkedin icon Instagram icon © 2021 First American Bank Careers Sitemap Website Accessibility Terms of Use Privacy & Security