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Insured Cash Sweep (ICS)

When you have a large amount of cash to invest, but you want the peace of mind you get with FDIC insurance, an Insured Cash Sweep is a perfect solution. Your large investment is broken into amounts under the FDIC limit and placed into multiple banks. You sign one agreement with First United and we take care of the rest. You can still easily access your money, or possibly leave it alone to accrue interest.

  • Multi-million dollar FDIC insurance
  • Maintain fast access to your cash
  • Earn competitive market interest on select accounts

If you want your community to survive and thrive, you’ve got to support it. The VIP service we get from My Bank makes it possible for Andy and I to coach the local little league, T-ball and serve on the Frostburg City Council. First United is a hometown bank that supports hometowns… and the people who live here.

W. Robert Flanigan and Andrew J. Smith
General Partners Mountain View Estates