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A money market account (MMA) is a type of high-yield account that combines high rates of return on your money with a few limited, but useful, benefits of a checking account. These safe, stable ...
Why it stands out: The Truist Bank High Performance Money Market Account has a $100 minimum deposit and the convenience of physical bank locations. Pros: Minimum balance to earn APY is only $0.01
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks.
Money market accounts are insured by the FDIC or NCUA for up to $250,000 per person, per account. Drawbacks of a money market account. High-yield savings accounts and money market accounts are ...
A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. [1] The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest.
A money market account, or MMA, is a type of bank account that combines many of the features of checking and savings accounts. Like a savings account, money market accounts pay interest on the ...
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related to: truist wealth money market account- 277 West Nationwide Boulevard, Columbus, OH · Directions · (614) 227-5725
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