If you are currently a client investing with a Securities America financial professional and would like to contact us, please call:
402-399-9111 (local)
800-747-6111 (toll free)
Core Account Investment Vehicle Interest Chart
Bank Deposit Sweep Program (Symbol: BDSA, BDSP, and BDSR)
The rates for the Bank Deposit Sweep Program (“Program”) as of March 18, 2020 are set forth below; interest accrues daily and is paid monthly. Amounts reflecting interest paid will be presented on your brokerage account statements. The rates are subject to change at any time, without notice to you, and will vary. For a current list of complete rates, please contact your Investment Representative.
Rates as of 3/18/20 |
||
---|---|---|
Bank Deposit Sweep Program |
Rate |
Annual Percentage Yield |
$5,000,000 and above* |
0.01% |
0.01% |
$1,500,000 - $4,999,999.99* |
0.01% |
0.01% |
$1,000,000 - $1,499,999.99* |
0.01% |
0.01% |
$750,000 - $999,999.99 |
0.01% |
0.01% |
$500,000 - $749,999.99 |
0.01% |
0.01% |
$250,000 - $499,999.99 |
0.01% |
0.01% |
$100,000 - $249,999.99 |
0.01% |
0.01% |
$50,000 - $99,999.99 |
0.01% |
0.01% |
$25,000 - $49,999.99 |
0.01% |
0.01% |
Less than $24,999.99 |
0.01% |
0.01% |
*Individual Deposit Account balances over $2.5 million ($5million for joint) are in excess of the Maximum Applicable FDIC Deposit Insurance Amount and may not be eligible for FDIC insurance coverage.