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  2. Money market account - Wikipedia

    en.wikipedia.org/wiki/Money_market_account

    By the subsequent Garn–St. Germain Depository Institutions Act of 1982, on December 14, 1982, money market accounts were authorized with a minimum balance of no less than $2,500, no interest ceiling, and no minimum maturity, allowing up to six transfers out of the account per month (no more than three by check) and unlimited withdrawals by ...

  3. High-yield savings rates for August 9, 2024 - AOL

    www.aol.com/finance/savings-interest-rates-today...

    The best of these accounts offer APYs of up to 5.30% with no fees, no minimum balance requirements and robust online banking and apps that make it easy to move and manage your money, no matter ...

  4. Wholesale funding - Wikipedia

    en.wikipedia.org/wiki/Wholesale_funding

    Wholesale funding is a method that banks use in addition to core demand deposits to finance operations, make loans, and manage risk. In the United States wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), U.S. Federal Home Loan Bank advances, the U.S. Federal Reserve's primary credit program, foreign deposits ...

  5. The 20 Best Money Market Accounts of 2022 - AOL

    www.aol.com/finance/20-best-money-market...

    Axos Bank: High Yield Money Market. Why it stands out: The Axos Bank High Yield Money Market account has no monthly fees and a 0.25% annual percentage yield. Plus, the minimum balance to earn that ...

  6. 7 banks that offer free checking accounts (or easily ... - AOL

    www.aol.com/finance/7-banks-offer-free-checking...

    Minimum deposit and balance requirements: $100 to open, no minimum balance. Yield: 2.02 percent on balances up to $100,000. Branches: Located in Minnesota, Iowa and South Dakota.

  7. Money market fund - Wikipedia

    en.wikipedia.org/wiki/Money_market_fund

    Money market funds seek a stable net asset value (NAV) per share (which is generally $1.00 in the United States). They aim to never lose money. The $1.00 is maintained through the declaration of dividends to shareholders, typically daily, at an amount equal to the fund's net income.

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