Yield. Safety. Liquidity.
No Minimums | No Transaction Limits
APY 2.20%*
We want you to think about the cash you keep at banks or other financial institutions. At MRA Advisory Group we’ve been putting many of our clients into the Federally Insured Cash Account (“FICA”). FICA offers:
1. A rate of 2.20% APY*.
2. FDIC insurance up to $25 million per account
3. Overnight liquidity with no transaction limitations
4. Can link directly to your existing bank account
You may be surprised at the interest rate differential between FICA and your banks, so we wanted to bring it to you directly. We also wanted to make sure that your cash is fully insured, and you aren’t unnecessarily maintaining multiple bank accounts to insure higher deposit balances. Please give us a call to discuss the potential value FICA can offer or click on the link below to learn more and open an account.
* Yield is effective as of October 1, 2022, and is for a maximum deposit of $25 million. Balances in excess of $25 million will receive a blended rate. Current yield and maximum deposit insurance coverage is indicative for MRA High Yield Cash and may be lower or higher than what is stated due to changes in market or business conditions. Past performance does not guarantee future results. Please contact your financial advisor for the most current yield and maximum deposit insurance coverage.
Advisory Services offered through MRA Advisory Group, a Registered Investment Adviser. This information was developed by Broadridge, an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance is no guarantee of future results. Nothing herein, nor any attachment, shall be considered to constitute (i) an offer to sell, nor a solicitation of an offer to purchase, any security or (ii) tax or legal advice.