Crews & Associates’ clients are now eligible to participate in the new SecurityYield FDIC insured deposit account specifically designed for the investor. SecurityYield provides additional security and pays a more competitive interest rate than our current Money Market Fund*.
Here are just a few of the SecurityYield advantages:
FDIC Insurance – Our clients’ funds in the SecurityYield account are insured up to $250,000** through our FDIC member – First Security Bank. Currently, their money market fund cash is only insured up to $100,000 through SIPC.
Fully Collateralized – SecurityYield raises the bar when it comes to protecting their money. All SecurityYield funds in excess of FDIC $250,000*** insurance will be fully collageralized with securities.
Competitive Interest Rate – The more cash clients keep on hand, the more they earn! Current market rates on money market mutual funds have dropped significantly – many to 0%. We want to offer our clients a better return on their investments, and SecurityYield does just that by featuring a competitive interest rate. See the chart below to view the interest rate tiers associated with SecurityYield.
|
After June 1, 2010 |
% of .65% |
|
Less than $10,000 |
25% |
|
$10,000 – $49,999 |
50% |
|
$50,000 – $99,000 |
75% |
|
$100,000 and over |
100% |
Checks, Debit Card – Our clients can have instant access to their money in the SecurityYield account plus have the ability to write checks and have a debit card.
Transfer Money – We make it easy by automating the movement of funds between their SecurityYield account and their investment account.
We are able to offer SecurityYield to our clients free of charge!
* Money Market Fund Rates may fluctuate from time to time.
** Subject to change periodically.
*** Within the limits available under applicable law, as may be amended from time to time.