Compare Cash Management Account (CMA)

A Cash Management Account (CMA) is designed to provide businesses and individuals with a high level of liquidity and investment opportunities. It combines features of checking accounts with investment options.

Advantages of Cash Management Accounts (CMA)

• Offers high liquidity and access to a range of investment products.
• May include features like cash sweep programs and higher interest rates.
• Convenient for managing large cash balances.

Disadvantages of Cash Management Accounts (CMA)

• May have higher fees compared to traditional checking accounts.
• Investment options may come with risks.
• Requires careful management to avoid overdrafts or fees.