![Repurchase Account Card Image Repurchase Accountat Wayne Bank](https://wayne.bank/wp-content/uploads/2023/03/Repurchase-Account-Card-Image.png)
Repurchase Account
Business customers with large deposits that exceed FDIC insurance limits, Wayne Bank offers overnight investment/repurchase accounts that earn higher interest rates while keeping the funds liquid. Funds are collateralized with securities.
Repurchase Accounts require a separate Agreement for the service and additional fees may be apply.