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#222408 - 08/02/04 03:27 PM MMDA accounts
Compliance Guy Offline
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Compliance Guy
Joined: Aug 2004
Posts: 53
State of Confusion
Can you place a maturity date on an MMDA account?
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General Discussion
#222409 - 08/02/04 03:37 PM Re: MMDA accounts
Andy_Z Offline
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Andy_Z
Joined: Oct 2000
Posts: 27,769
On the Net
They are savings accounts, but not time deposits. There is no maturity as you would have on a CD.
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#222410 - 08/02/04 03:39 PM Re: MMDA accounts
Compliance Guy Offline
Member
Compliance Guy
Joined: Aug 2004
Posts: 53
State of Confusion
Thanks for the information.
_________________________
Wow, that's sounds so good I almost believe it myself!!! When in doubt surf the REGS.

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