Crane Data Subscribers
Brokerage firm A.G. Edwards annnounced today that it will pay extremely competitive interest rates on its new Bank Deposit Program says Insurancenews.net. Current interest rates range from 4.5% to 4.9%, making this program the highest-yielding "bankerage" plan available, according to Crane Data. "The rates on our new AGE Bank Deposit Program are certainly some of the most competitive in the industry right now," says Peter Miller, executive vp at A.G. Edwards. "With the added protection of FDIC coverage, this program gives our clients an opportunity to make good use of the cash portion of their portfolios along with their other investments.".
