Money Market Rates* |
|
|
Margin Debit Rates** |
| Fed Funds |
2.00 |
| $1 - $100,000 |
Fed Funds + 5.25 = 7.25% |
| $100,001 - $250,000 |
Fed Funds + 4.25 = 6.25% |
| $250,001 - $500,000 |
Fed Funds + 3.75 = 5.75% |
| $500,001 + |
Fed Funds + 3.25 = 5.25% |
|
Calculation of Margin (Debit) Interest |
|
Credit Interest Rates** |
| Fed Funds |
2.00 |
| $1 - $100,000 |
Fed Funds - 2.00 = 0% |
| $100,001 - $250,000 |
Fed Funds - 1.85 = .15% |
| $250,001 - $500,000 |
Fed Funds - 1.75 = .25% |
| $500,001 + |
Fed Funds - 1.50 = .50% |
|
Calculation of Credit Interest |
* Rates are updated daily and subject to change
at any time without notice
** Rates are updated weekly and are subject to change
at any time without notice. Fed Funds rate can be
found in the Wall Street Journal under Money Rates (Fed Funds). Note that credit interest is not paid on balances at or below $250. Rates are subject to change at any time without
notice. |
|
|
