The Master Demand Account (MDA):
Another innovative product from The Bancorp Bank
Now, there’s a retirement planning option that offers cash balances with the power of performance, safety, and liquidity. Whether the need is for a cash vehicle in a brokerage account or a creative retirement planning option, the MDA is a strong addition to any financial planning scenario.
Retirement planning has never been more complex. As the latest alternative to cash balances, the MDA outperforms money market fund averages yet offers daily liquidity. And, with competitive rates and FDIC insurance, this deposit product is an ideal choice for keeping money safe and available in a volatile economic climate.
The only NSCC-registered demand deposit account available, the MDA is a valuable addition to any brokerage platform as a highly attractive alternative for MMMF and stable value funds. The MDA is available to individuals, certain non-profit organizations, pension funds, political organizations, and certain other fiduciaries and trusts with eligible beneficiaries.
For latest rate information, Click Here.
James Liberi
Vice President of Sales
Private Client Services
jliberi@thebancorp.com
215-861-7834