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
Daily rate: 0.0000063014%
Rates effective 03/11/2014. Rates subject to change. Fees may reduce earnings.