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Master Demand Account Advantage

The Bancorp 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.

 

Master Demand Account Advantage Disclosure for transacting through the NSCC or for Direct Investment

Product Fact Sheet For Broker Dealer/Recordkeeper Use

Product Fact Sheet For Plan Sponsor/Participant

Master Demand Account Advantage Performance Data

 

Rates for Master Demand Account Advantage

SavingsInterest RateAnnual Percentage Yield
Master Demand Account Advantage        0.23%                      0.23%

 

Daily rate: 0.0000063014%

Rates effective 04/19/2014. Rates subject to change. Fees may reduce earnings.