Hills Bank Online

Online Investments Login

Application Center

Please select the account application that you are
interested in.

Switch to Hills Bank!

It's as easy as 1-2-3.

Consider Hills for a hassle-free switch today with our easy switch kit!

Life Stages
for wherever you are in life

Lifestages of Wealth
Click on the Life Stages tab above and choose the stage you are in, then find information
and products specially designed with you in mind.

Insured Cash Sweep

Insured Cash SweepThrough the Insured Cash Sweep (ICS) service, you can access multi-million-dollar FDIC protection on your savings deposits. 

How can you benefit from ICS?
    • Save time by working directly with Hills Bank.
    • Enjoy peace of mind knowing your ICS funds are eligible for protection that's backed by the full faith and credit of the federal government.
    • Earn interest by putting excess cash balances to work in money market deposit accounts.
    • Access funds up to six times per month. Plus make an unlimited number of program deposits as long as you stay within the program withdrawal limits.
    • Rest assured knowing your money is always on deposit in a regulated, FDIC-insured institution and you can see online where all of your funds are at any time.

To learn more about ICS, contact your local Hills Bank location at 319-679-5500 for the Iowa City area, 319-654-8100 for the Cedar Rapids area, or toll free at 1-800-445-5725. 


Placement of your funds through the ICS service is subject to the terms, conditions, and disclosures set forth in the agreements, including the ICS Deposit Placement Agreement, that you enter into with us. Limits and customer eligibility criteria apply. When using the ICS savings option, program withdrawals are limited to six per month. ICS is a service mark, and Insured Cash Sweep is a registered service mark, of Promontory Interfinancial Network, LLCM.

Frequently Asked Questions about ICS

Who can benefit from ICS?

Individuals with large deposits, businesses, municipalities, public funds, small colleges, and non-profits can place funds through ICS.

Is there a minimum to open an ICS account?

Yes. This account can be used when your accounts at Hills Bank exceed the FDIC insurance limit.

Is there a monthly service charge?

No. There are no monthly service charges associated with the ICS account.

How can deposits greater than the standard FDIC insurance maximum be eligible for insurance by the FDIC?

The FDIC insures up to $250,000 of a customer’s deposit accounts at an FDIC-insured depository institution. Your ICS funds are divided into amounts under the standard FDIC maximum and placed with other ICS Network members – each an FDIC-insured institution. This makes your deposit eligible for FDIC insurance at each member bank. By working directly with Hills Bank, you can access insurance through many FDIC-insured institutions.

Who has custody of my funds?

Funds placed through ICS are deposited only in FDIC-insured banks. Hills Bank acts as custodian for your ICS deposits. 

Who provides the additional FDIC insurance when my funds are placed using ICS?

Through ICS, funds are placed in deposit accounts at ICS Network members, and those Network members provide you with access to the additional FDIC insurance coverage. Working directly with Hills Bank, you can access coverage through many FDIC-insured institutions.

Is my account information safe?

Your confidential information remains protected; your relationship remains between you and your financial institution.

Where can I find more information about ICS?

To learn more about ICS, contact your local Hills Bank location at 319-679-5500 for the Iowa City area, 319-654-8100 for the Cedar Rapids area, or toll free at 1-800-445-5725.

Spacer Image