Cash Management
Earn a competitive yield and maintain access to your funds, so you have the cash when you need it —available through your Merrill Cash Management Account® (CMA®).
Cash Management Account® (CMA®)
The convenience of cash management and investment services in one account from Merrill to manage everyday financial needs and support long-term investment goals.
Money Market Mutual Funds1
Money market funds are a type of mutual fund that invests in low-risk, short-term debt securities, such as Treasury bills, municipal debt, or corporate bonds.
The following bank deposit solutions offer Federal Deposit Insurance Corporation (FDIC) coverage, up to applicable limits. It is important to understand that Merrill is not a bank and FDIC deposit insurance only covers the failure of an FDIC-insured bank. For additional information on FDIC deposit insurance, please visit fdic.gov.
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Merrill Lynch Bank Deposit Program (MLBDP)
A convenient way to earn interest on cash, uninvested cash is placed on deposit with Bank of America, N.A., and/or Bank of America California, N.A.
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Brokered Certificates of Deposit1
A range of certificates of deposit, issued by other banks or savings association, paying periodic interest for a set period of time, and held in your Merrill account.
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Preferred Deposit
A bank deposit solution offered through eligible Merrill accounts that can help you manage expenses and cash flow by placing deposits with Bank of America, N.A.
and solutions into your financial strategy.
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