Square 1 Bank MMAs are interest-earning bank accounts offering tiered rates with ease of access – as your funds grow, your income grows. Using eSquared, your account can be managed online, with the ability to move your cash between Square 1 Bank accounts on a real-time basis.* Our MMA provides competitive rates and immediate availability with the added benefit of FDIC coverage up to $250,000.
* Federal regulation does not permit you to make more than six pre-authorized, automatic, and /or telephone transfers or withdrawals during a statement cycle (or period of at least four weeks). Three of the allowable six transfers or withdrawals may be by check, draft or debit card to transfer funds to an account of depositor at Square 1 Bank or to a third party.