Cash Sweep Program
The Federal Deposit Insurance Corporation (FDIC) insurance coverage in our Bank Deposit Sweep utilizes four Wells Fargo & Company banks ("Program Banks"). If the Bank Deposit Sweep is the cash sweep vehicle for your brokerage account, uninvested cash balances in your account are automatically deposited into the Bank Deposit Sweep.
Wells Fargo Clearing Services, LLC Cash Sweep Program Disclosure Statement (Effective 2/2017)
Clients of Wells Fargo Advisors can find information and disclosures about its Cash Sweep Program at wfa.com/cashsweep.