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The Bancorp Bank, N.A.’s Master Demand Account (MDA) 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:
MDA Product Fact Sheet and Disclosure for Broker Dealer/Recordkeeper Use
MDA Product Fact Sheet and Disclosure for Plan Sponsor/Participant
Master Demand Account Performance Data
Daily rate: 0.0000150685%