Clarendon Securities
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Discount Brokerage Services Investment Advice Insured Money Market Account
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New Deposit Insurance Limits
On October 3, 2008, FDIC deposit insurance increased from
$100,000 to $250,000 per depositor and the increased coverage is now permanent.

  GIT Insured Money Market Account

Clarendon Securities offers its brokerage clients the opportunity to keep cash balances at work earning interest through the GIT Insured Money Market Account (IMMA) program.

The IMMA program allows clients to enjoy the convenience, liquidity and high yields of a money market fund, but with the additional security of U.S. Government deposit insurance.

Some key features of the GIT Insured Money Market Account include:

  • Individual FDIC insured deposit accounts, backed by the U.S. Government
  • High yield money market rates, depending on market conditions
  • Monthly dividends that can be reinvested or sent directly to you
  • No monthly service charges, so long as your account balance is at least $1,000 at month-end
  • Easy access to your IMMA funds when you invest
  • Easy, hassle-free withdrawals, including by writing checks

Clarendon Securities customers can clear securities trades directly by debits and credits to their IMMA cash balances.

IMMA deposit accounts are accounts with specific FDIC insured banks having a depository arrangement with an affiliate of GIT Investment Services, Inc., and are not accounts in a money market mutual fund or other commingled investment vehicle.  See GIT Insured Money Market Account Terms and Conditions for more information.

 
Discount Brokerage Services Insured Money Market Account
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Clarendon® Securities, Inc., a division of GIT Investment Services, Inc.
Member of Financial Industry Regulatory Authority (FINRA) and
Securities Investor Protection Corporation (SIPC).
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