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Bank Deposit Sweep Program (BDSP®) – Interest Rates
Effective January 14th, 2010
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Tier $ Range |
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| Tier |
From |
To |
Interest Rate1 |
APY |
| 1 |
$0.01 |
$4,999.99 |
0.05% |
0.05% |
| 2 |
$5,000.00 |
$24,999.99 |
0.05% |
0.05% |
| 3 |
$25,000.00 |
$49,999.99 |
0.05% |
0.05% |
| 4 |
$50,000.00 |
$99,999.99 |
0.05% |
0.05% |
| 5 |
$100,000.00 |
$499,999.99 |
0.05% |
0.05% |
| 6 |
$500,000.00 and above |
0.05% |
0.05% |
Important Note: Balances will earn the same rate of interest regardless of the Program Bank with
which funds are deposited. Interest rate is based upon each account’s Program Deposits in accordance with the above Interest Rate Tiers
(described in more detail in the BDSP Disclosure Document). The rate of interest paid is currently evaluated on a daily basis.
1 Interest rates/APY will be determined based on prevailing economic and business conditions. Interest accrues
daily and is paid monthly. Amounts reflecting interest paid will be presented on brokerage account statements. Interest rates
are subject to change at any time.
For a list of participating banks in the Standard Network Bank Deposit Sweep Program (BDSP)® Program, please see
www.mybrokerageinfo.com/banklist.
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© 2010 LaSalle St. Securities, LLC; All Rights Reserved · 940 N. Industrial Dr. · Elmhurst, Illinois 60126-1131 · (630) 600-0500 |
| Bank Deposit Sweep Program (BDSP®) – Interest Rates
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