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Money market account (MMA) Another option is a money market account, which combines features from both checking and savings accounts, with a rate comparable to a high-yield savings account.
What is a money market account? A money market account, or MMA, is a type of bank account that combines many of the features of checking and savings accounts.
A money market account is a type of interest-bearing account that combines the best of a high-yield savings account with the features of a checking account. MMAs offer rates of 4% APY or higher ...
List of largest banks in the United States The following table lists the 100 largest bank holding companies in the United States ranked by total assets of March 31, 2024 per the Federal Financial Institutions Examination Council; their market capitalization is also shown.
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.
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan.
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