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MRAHYS

Thank you for your interest in the MRA High Yield Savings Account! You are on the road of building better savings.

 

Account Features and Disclosures:

 

  • Competitive rate
  • Safety. Security.
  • No minimums
  • No transaction limits*
  • FDIC insurance up to $100 million per tax ID
  • Link your external accounts for easy money transfers

All information contained herein is for informational purposes and should not be construed as investment advice. It does not constitute an offer, solicitation or recommendation to purchase any security. Some information contained in this presentation has been obtained from sources believed to be reliable, but it cannot be guaranteed by StoneCastle or any of its affiliates.


StoneCastle Network, LLC (“StoneCastle”) is the program Administrator. StoneCastle is not a bank, nor does it offer bank deposits and its services are not guaranteed or insured by the FDIC, NCUA or any other governmental agency. 

MRA High Yield Savings satisfies the FDIC’s requirements for agency pass-through deposit insurance coverage. Program banks in the MRA High Yield Savings network are FDIC-insured “banks” and “savings associations” as those terms are defined in the Federal Deposit Insurance Act. The FDIC Limit is $250,000 per depositor per bank. The NCUA operates the National Credit Union Share Insurance Fund (NCUSIF) to protect accounts at federally insured credit unions up to $250,000.

MRA High Yield Savings is not a member of FDIC or NCUA, but the depository banks where your money is placed are FDIC and NCUA members. FDIC and NCUA are independent agencies of the U.S. government that protects the funds depositors place in FDIC and NCUA insured institutions. FDIC and NCUA deposit insurance is backed by the full faith and credit of the U.S. government. Funds may be submitted for deposit only after a depositor enters into a MRA High Yield Savings agreement. The Agreement contains important information and conditions regarding the depositing of funds.

* Liquidity is on a next business day basis. Same-day deposit credit and next-day liquidity withdrawals are subject to a 3:00 PM ET cut-off. Please read the MRA High Yield Savings Terms and Conditions for more complete information and the governing terms of the account (including liquidity, terms, etc.).

MRA Advisory Group receives a 0.05% placement fee by opening accounts through StoneCaste. Stated APY is net of the placement fee.

 

Advisory Services offered through MRA Advisory Group ("MRA"), a Registered Investment Advisor. For additional information, visit mraadvisory.com. Download our ADV Brochure for additional detail or contact us.