Master Demand Account
The Bancorp Bank’s Master Demand Account protects capital and provides consistent returns, regardless of fluctuations in the market.
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, our Master Demand Account (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 demand deposit account registered with the National Securities Clearing Corporation, the MDA is a valuable addition to any brokerage platform as a highly attractive alternative to money market mutual funds and stable value funds. The MDA is available to individuals, certain nonprofit organizations, pension funds, political organizations, and certain other fiduciaries and trusts with eligible beneficiaries.
For current rate information, click here.
For more information and trading details, contact:
James F. Liberi
Vice President
Director of Institutional Sales
215.861.7800
jliberi@thebancorp.com