Advisor Bank’s Master Demand Account Advantage (MDAA) is an FDIC-insured interest-bearing demand deposit account for individuals and financial institutions that make transactions through the National Securities Clearing Corporation (NSCC) or directly with the bank. It is an alternative cash vehicle that allows for pass-through FDIC insurance for individual account holders.
Features Include:
MDAA Product Fact Sheet and Disclosure for Broker Dealer/Recordkeeper
MDAA Product Fact Sheet and Disclosure For Plan Sponsor/Participant
Master Demand Account Advantage Performance Data
Daily rate: 0.0000219178%