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AGE Bank Deposit Program
Is Your Cash Earning All It Could?
With the AGE Bank Deposit Program, the more assets you hold at A.G. Edwards, the higher your interest rate will be for the cash deposited into the program. Other benefits include the ability to consolidate your bank deposits and receive up to $300,000 FDIC insurance for deposits in yourA.G. Edwards accounts (see below). Calculate your interest rate. Use our calculator to estimate the interest rate you could earn on your bank deposits, assuming you have at least one UltraAsset Account and that the total assets you enter represents assets held at A.G. Edwards. Interest rates can fluctuate daily.
How the AGE Bank Deposit Program Works
Up to $300,000 of your available cash -- including deposits, dividends, interest and proceeds from sales in your brokerage account -- will be deposited into affiliated program banks with FDIC insurance. Your deposits go to work for you each day,* continually earning interest. You can access your cash whenever needed through withdrawals, checks, debit card transactions* and online bill payments.**Exclusive with our UltraAsset Account (UAA).
FDIC Insurance Coverage for the Bank Deposit Program
Balances in the AGE Bank Deposit Program are insured up to $100,000 (or other applicable amount) per program bank by the Federal Deposit Insurance Corp. (FDIC) for each category of legal ownership for a total of $300,000 in FDIC insurance when deposited at multiple program banks.Terms & Conditions
Please read AGE Bank Deposit Program Terms and Conditions (PDF) for more information about the program. Note: Not all A.G. Edwards accounts may be eligible for the program.