ACCOUNT LOGIN
User ID
User ID / Password Help

Getting Online Guide

Card Services


divder_line divder_line divder_line
sidebar_background_extend

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.

Features Include:

  • A minimum initial deposit of $10,000 is required to open the account.
  • A minimum balance of $0.01 is required after initial deposit to obtain the Annual Percentage Yield (APY).

 

MDAA Product Fact Sheet and Disclosure for Broker Dealer/Recordkeeper

MDAA Product Fact Sheet and Disclsoure For Plan Sponsor/Participant

Master Demand Account Advantage Performance Data


Rates for Master Demand Account Advantage
SavingsInterest RateAnnual Percentage Yield
Master Demand Account Advantage0.23%0.23%

Daily rate: 0.0000063014%

Rates effective 12/9/2016. Rates subject to change. Fees may reduce earnings.
No minimum amount is required to open an account or to obtain the Annual Percentage Yield.