Money Market Accounts (MMA)

Flexible, Low-Risk Cash Management

Money Market Accounts (MMAs) are deposit accounts offered by banks and credit unions that combine the safety of traditional savings accounts with slightly higher interest rates and limited check-writing or debit privileges. They’re designed for individuals who want liquidity and a safe place for cash while earning a modest return.

MMAs are convenient and low-risk, but like other cash-based options, they offer limited long-term growth compared to investments or tax-advantaged strategies.