Money Market Deposit Account

Navigating the Best Money Market Rates of 2024

March 31, 2024March 30, 2024 by TOP TRENDING

Money Market Rates: A Comprehensive Overview for 2024 As the year marches on, 2024 rolls along, and savvy savers and investors scope out the best places to park their cash, money market accounts (MMAs) are increasingly coming under the spotlight. Never has the understanding of the complexity of money market rates been more important than … Read more

What is a money market deposit account (MMDA)?

March 30, 2024 by TOP TRENDING

What is a money market deposit account (MMDA)? A Money Market Deposit Account (MMDA) is a savings account offered to consumers by banks and credit unions. A simple deposit account generally carries more interest. Despite the similarity in the names of the two entities, MMDAs should not in any way be confused with the money … Read more