Sentences with phrase «money market deposit account offers»
When offered by FDIC member banks and savings institutions, money market deposit accounts offer the same insurance protection as retail CDs.
http://www.aaii.com/ Not exact matches
Ally Bank offers online savings, money market accounts, high - yield certificates of deposit, and interest checking.
It offers the potential to earn more money than, say, a bank certificate of deposit or a money market account, and the index options give the client some flexibility in how much downside risk there will be.
And when rates are low, banks offer lower interest on savings, money market accounts and certificates of deposit.
Plus, the company's offerings cover a wide range of financial services from a traditional savings account to a money market account to commercial real estate loans and business certificates of deposit.
While online - only banks don't offer boosted relationship rates for opening more accounts, they do provide the same rate for any amount you deposit, making it much easier to earn a good rate on a low money market balance.
Many banks also encourage customers to open multiple deposit accounts by offering boosted «relationship» rates on the money market accounts.
In addition to facilitating regular investment in the platform's money market fund, this feature allows accounts to be set up to receive monthly salary deposits automatically, and to automatically pay monthly bills such as mortgages and car loans — services similar to direct - deposit and autopay functions offered by traditional financial services providers.
Synchrony offers relatively high rates on its savings accounts, certificates of deposit and money market accounts.
Ally Bank, the company's direct banking subsidiary and member FDIC, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking.
Money Market accounts are able to offer higher interest rates as they invest in short - term securities such as Certificate Deposits, Government Securities and Commercial Papers.
Discover offers good rates on its savings, money market and CD accounts, but minimum opening deposits may be required.
Some high - yield accounts may also offer higher interest rates than money market accounts, although depositing a higher opening balance in both cases will up your rate.
Savings accounts, checking accounts, CDs (U.S.), GICs (Canada), and money market accounts (U.S.) each offer very different interest rates in return for different deposit amount and deposit term commitments.
Money market accounts can offer great rates for your nearly - liquid cash needs for a variety of deposit amounts.
Both savings accounts and money market accounts can offer good rates for your liquid and nearly - liquid cash needs for a variety of deposit amounts.
Many banks also encourage customers to open multiple deposit accounts by offering boosted «relationship» rates on the money market accounts.
Synchrony Bank offers a wide range of deposit products — including certificates of deposit, savings accounts and money market accounts — to help its customers save for retirement.
While online - only banks don't offer boosted relationship rates for opening more accounts, they do provide the same rate for any amount you deposit, making it much easier to earn a good rate on a low money market balance.
Our credit union offers a complete array of products and services to our Members — checking, savings, debit and credit cards, vehicle and consumer loans, money market accounts and certificates of deposit, along with a variety of mortgage products.
They generally offer rates superior to money market accounts or certificates of deposit (CDs), and come with similar built - in protections and guarantees.
SECU also offers a money market account that earns an APY of 1.01 % in return for a higher minimum deposit than the share account.
The bank offers various deposit products, including regular passbook savings accounts, demand deposits, individual retirement accounts, checking accounts, money market accounts and certificates of deposit.
CIT's online savings account offers in interest each year, while its money market account and certificates of deposit (CDs) offer rates of up to 1.75 %.
If you're absolutely set on getting a money market account, Discover's money market account offering easily ranks among the best — but only if you can keep at least $ 2,500 deposited.
On average, money market accounts offer better rates than regular savings accounts, but this is largely because they require much larger opening deposits.
It offers deposit and loan products for its customers, including interest - bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts.
In addition to savings accounts, IMCU offers money market accounts, certificates of deposits, health savings accounts, IRAs and more.
Money market accounts that are offered by banks (money market DEPOSIT accounts, or MMDA's) are FDIC insured, but many are also offered by mutual funds and investment brokerage firms that aren't covered by Money market accounts that are offered by banks (money market DEPOSIT accounts, or MMDA's) are FDIC insured, but many are also offered by mutual funds and investment brokerage firms that aren't covered by money market DEPOSIT accounts, or MMDA's) are FDIC insured, but many are also offered by mutual funds and investment brokerage firms that aren't covered by FDIC.
Instead of long term growth, money market funds offer «interest» gains and are not designed to be a long term investment strategy, but more like a high interest cash or savings account or bank certificate of deposit.
It also offers deposit accounts, including passbook and statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts.
These accounts are offered by brokerages and mutual funds, and usually provide a similar access as money market deposit accounts, with check - writing and ATM privileges.