Sweep Money Market Mutual Fund & FDIC-Insured Deposits Program Rates & Bank Lists

Pershing Base Lending Rate - USD | Current Yield: 6.125%

Last Compile Date: 07/23/2021

Money Market Mutual Fund Yields
Manager Fund 7-Day Yield Initial Minimum Investment External CUSIP Ticker Symbol
INVESCO INVESCO ST GOVT & AGENCY RSRCE 0.03% $ 500,000.00 825252869
INVESCO INVESCO ST GOVT & AGENCY RSRV 0.03% $ 0.01 825252851
INVESCO INVESCO ST GOVT & AGENCY PRVT 0.03% $ 100,000.00 825252877 GPVXX
INVESCO INVESCO ST TREAS OBLIG RESOURC 0.01% $ 500,000.00 825252810
INVESCO INVESCO ST TREAS OBLIG RESERVE 0.01% $ 0.01 825252786
INVESCO INVESCO TX FR CASH RESRV RESRC 0.01% $ 100,000.00 825252455
INVESCO INVESCO TX FR CASH RESERVS RSV 0.01% $ 0.01 825252513
INVESCO INVESCO TX FR CSH RSRVS PRIVAT 0.01% $ 100,000.00 825252471 TRCXX
INVESCO INVESCO ST TREASURY RESOURCE 0.01% $ 500,000.00 825252703
INVESCO INVESCO ST TREASURY RESERVE 0.01% $ 0.01 825252836
INVESCO INVESCO ST TREASURY PRIVATE 0.01% $ 100,000.00 825252109 TPFXX
BLACKROCK BLACKROCK LIQ FEDFUND ADMIN 0.03% $ 500,000.00 09248U445 BLFXX
BLACKROCK BLACKROCK LIQ FEDFUND DOLLAR 0.03% $ 100,000.00 09248U809 TDDXX
BLACKROCK BLACKROCK LIQ FEDFUND SELECT 0.03% $ 500.00 09248U494 BFBXX
BLACKROCK BLACKROCK LIQ FED TRUST ADMIN 0% $ 500,000.00 09248U411 BFTXX
BLACKROCK BLACKROCK LIQ FED TRUST DOLLAR 0% $ 100,000.00 09248U866 TSDXX
BLACKROCK BLACKROCK LIQ T-FUND ADMIN 0.01% $ 500,000.00 09248U676 BTAXX
BLACKROCK BLACKROCK LIQ T-FUND DOLLAR 0.01% $ 100,000.00 09248U692 TFEXX
BLACKROCK BLACKROCK LIQ T-FUND SELECT 0.01% $ 500.00 09250C812 BSLXX
BLACKROCK BLACKROCK LIQ TREAS TRST ADMIN 0.01% $ 500,000.00 09248U452 BITXX
BLACKROCK BLACKROCK LIQ TREAS TRST DOLLR 0.01% $ 100,000.00 09248U544 TTDXX
BLACKROCK BLACKROCK LIQ TREAS TRST SELCT 0.01% $ 500.00 09250C770 TSLXX
FEDCAYMN FEDERATED HERMES STD USD IS 0.01% $ 500,000.00 G3402F115 OFFSHR
FEDCAYMN FEDERATED HERMES STD USD RET 0.01% $ 0.01 G3402F149 OFFSHR
FEDERATED FEDERATED HERMES CA MUNI CAP 0.01% $ 500,000.00 608919502 CCCXX
FEDERATED FEDERATED HERMES CA MUNI CS 0.01% $ 0.01 608919403 CCSXX
FEDERATED FEDERATED HERMES CAP RESERVES 0.01% $ 0.01 608919304 FRFXX
FEDERATED FEDERATED HERMES GOVT RESERVES 0.01% $ 0.01 608919205 GRFXX
FEDERATED FEDERATED HERMES MUNI OBLIG CS 0.01% $ 0.01 608919650 MFSXX
FEDERATED FEDERATED HERMES NY MUNI CS 0.01% $ 0.01 608919866 FNCXX
FEDERATED FEDERATED HERMES GOVT OBL CAP 0.01% $ 500,000.00 608919809 GOCXX
FEDERATED FEDERATED HERMES GOVT OBLIG SS 0.01% $ 100,000.00 60934N807 GOSXX
FEDERATED FEDERATED HERMES GOV TAX MG SS 0.01% $ 100,000.00 60934N849 GTSXX
FEDERATED FEDERATED HERMES MUNI OBL CAP 0.01% $ 500,000.00 60934N633 MFCXX
FEDERATED FEDERATED HERMES MUNI OBLIG SS 0.01% $ 100,000.00 60934N641 MOSXX
FEDERATED FEDERATED HERMES NY MUNI WS 0.01% $ 500,000.00 608919858 NISXX
FEDERATED FEDERATED HERMES PRIME CSH CAP 0.01% $ 500,000.00 60934N591 PCCXX
FEDERATED FEDERATED HERMES PRIME CASH SS 0.01% $ 100,000.00 60934N617 PRCXX
FEDERATED PERSHING GOVERNMENT ACCOUNT 0.01% $ 0.01 608919205 GRFXX
FEDERATED PERSHING PRIME RESERVES 0.01% $ 0.01 608919304 FRFXX
FEDERATED FEDERATED HERMES TAX-FREE SS 0.01% $ 100,000.00 60934N880 TBSXX
FEDERATED FEDERATED HERMES TREAS OBL CAP 0.01% $ 500,000.00 60934N823 TOCXX
FEDERATED FEDERATED HERMES TREASRY OB SS 0.01% $ 100,000.00 60934N872 TOSXX
FEDERATED FEDERATED HERMES TR US TRSY CS 0% $ 0.01 608919569 TCSXX
FEDERATED FEDERATED HERMES US TREASRY SS 0.01% $ 100,000.00 60934N674 TISXX
GOLDMAN SACH GOLDMAN SACHS FS FED FND ADMIN 0.01% $ 100,000.00 38148U684 FIOXX
GOLDMAN SACH GOLDMAN SACHS FS FED FUND CMS 0.01% $ 500.00 38148U668 FIWXX
GOLDMAN SACH GOLDMAN SACHS FS FED FUND PREF 0.01% $ 500,000.00 38148U650 FIHXX
GOLDMAN SACH GOLDMAN SACHS FSQ TREAS ADMIN 0.01% $ 100,000.00 38142B872 FVAXX
GOLDMAN SACH GOLDMAN SACHS FSQ TREASURY CM 0.01% $ 500.00 38145C752 GFCXX
GOLDMAN SACH GOLDMAN SACHS FSQ TREASRY PRFD 0.01% $ 500,000.00 38142B856 GPFXX
GOLDMAN SACH GOLDMAN SACHS FSQ GOVT ADMIN 0.03% $ 1,000,000.00 38141W265 FOAXX
GOLDMAN SACH GOLDMAN SACHS FSQ GOVT CMS 0.03% $ 500.00 38145C828 GVCXX
GOLDMAN SACH GOLDMAN SACHS FSQ GOVT PRFRD 0.03% $ 500,000.00 38141W240 GPGXX
GOLDMAN SACH GOLDMAN SACHS INV MMKT ADMIN 0.02% $ 100,000.00 38148U569 FMKXX
GOLDMAN SACH GOLDMAN SACHS INV MMKT CMS 0.02% $ 500.00 38148U320 FHMXX
GOLDMAN SACH GOLDMAN SACHS INV TAX EX ADMIN 0.01% $ 100,000.00 38141W174 FEAXX
GOLDMAN SACH GOLDMAN SACHS INV TX EX CMS 0.01% $ 500.00 38145C687 GXCXX
GOLDMAN SACH GOLDMAN SACHS INV TX EX PRFRD 0.01% $ 500,000.00 38141W158 GPTXX
GOLDMAN SACH GOLDMAN SACHS FSQ TR INS ADMIN 0.01% $ 100,000.00 38142B609 FRAXX
GOLDMAN SACH GOLDMAN SACHS FSQ TR INS CMS 0.01% $ 500.00 38145C729 GICXX
GOLDMAN SACH GOLDMAN SACHS FSQ TR INS PRFRD 0.01% $ 500,000.00 38142B807 GPIXX
GOLDMAN SACH GOLDMAN SACHS FSQ TR OBL ADMIN 0.01% $ 1,000,000.00 38141W315 FGAXX
GOLDMAN SACH GOLDMAN SACHS FSQ TR OBL CMS 0.01% $ 500.00 38145C786 GTOXX
GOLDMAN SACH GOLDMAN SACHS FSQ TR OBL PRFRD 0.01% $ 500,000.00 38141W281 GPOXX
WESTERNASSET WESTERN ASSET PREMIUM US TREAS 0.01% $ 100,000.00 52470M202 CIMXX
WESTERNASSET WESTERN ASSET US TREAS RSV SRV 0.01% $ 500.00 52470R532 LTSXX
DREYFUS DREYFUS GOVT CASH MNGT SERV SH 0.03% $ 0.01 262006836 DGUXX
DREYFUS DREYFUS GOVT CASH MNGT WEALTH 0.03% $ 100,000.00 262006844 DGQXX
DREYFUS DREYFUS GOVT CASH MT ADMIN SH 0.03% $ 500,000.00 262006406 DAGXX
DREYFUS DREYFUS GOVT CASH MNGT INV SH 0.03% $ 100,000.00 262006307 DGVXX
DREYFUS DREYFUS GOVT SEC CASH MGT ADMN 0.01% $ 500,000.00 262006802 DAPXX
DREYFUS DREYFUS GOVT SEC CSH MGT INV 0.01% $ 100,000.00 262006703 DVPXX
DREYFUS DREYFUS NATIONAL MUNI WEALTH 0.01% $ 100,000.00 37045H101 GTMXX
DREYFUS DREYFUS NY MUNI MNY MKT WEALTH 0.01% $ 100,000.00 370456105 GNMXX
DREYFUS DREYFUS TREAS OBLIG CM ADMIN 0.01% $ 500,000.00 261908305 DTAXX
DREYFUS DREYFUS TREAS OBLIG CM INVEST 0.01% $ 100,000.00 261908206 DTVXX
DREYFUS DREYFUS TREAS OBLIG CM SERVICE 0.01% $ 0.01 261908875 DTNXX
DREYFUS DREYFUS TREAS OBLIG CM WEALTH 0.01% $ 100,000.00 261908883 DTKXX
DREYFUS DREYFUS TREAS SEC CSH ADM SHS 0.01% $ 500,000.00 261941306 DARXX
DREYFUS DREYFUS TRES SEC CSH MGMT INV 0.01% $ 100,000.00 261941207 DVRXX
DREYFUS DREYFUS TREAS SEC CM SERVICE 0.01% $ 0.01 261941702 DTHXX
DREYFUS DREYFUS TREAS SEC CM WEALTH SH 0.01% $ 100,000.00 261941603 DTJXX
DREYFUS GENERAL CA MUNI MNY MKT CL B 0% $ 0.01 369303201 GENXX
DREYFUS DREYFUS MNY MKT FUND SERVICE 0.01% $ 0.01 370375206 GMBXX
DREYFUS DREYFUS NATIONAL MUNI SERVICE 0.01% $ 0.01 37045H200 GBMXX
DREYFUS DREYFUS NY MUNI MMKT SERVICE 0.01% $ 0.01 370456204 GNYXX
DREYFUS PERSHING GOVT CASH MANAGEMENT 0.03% $ 0.01 262006836 DGUXX
DREYFUS PERSHING PRIME MONEY MARKET 0.01% $ 0.01 370375206 GMBXX
DREYFUS PERSHING TREASURY SECURITIES 0.01% $ 0.01 261941702 DTHXX
DEUTSCHE FDS DWS GOVT & AGENCY SECS SERVICE 0.01% $ 1,000.00 147539837 CAGXX
DEUTSCHE FDS DWS TAX-EXEMPT MNY MKT SERVICE 0.01% $ 1,000.00 147539696 CHSXX
DEUTSCHE FDS DWS TAX-EXEMPT MM CASH MANAGED 0.01% $ 100,000.00 147539878 TXMXX
WELLS FARGO WELLS FARGO GOVT MNY MKT ADMIN 0% $ 500,000.00 94975J466 WGAXX
WELLS FARGO WELLS FARGO NATL TAX FREE SRVC 0% $ 100,000.00 94975H361 MMIXX
WELLS FARGO WELLS FARGO NATL TAX FREE ADMN 0% $ 500,000.00 949917421 WNTXX
FDIC-Insured Bank Deposit Sweep Programs - Single Rate Product Rates*
Manager Bank Program Interest Rate Initial Minimum Investment
DIDFDIC DREYFUS INS DEPOSIT PROGRAM I 0.01% $ 0.01
REICH & TANG LIQUID INSURED DEPOSITS 0.01% $ 0.01

*Tiered rate products are also available, which have rates that vary between investors. Rates are displayed on customer statements and available through your Introducing Broker Dealer (“IBD”) or Investment Adviser.

Legacy FDIC-Insured Bank Deposit Sweep Programs

(No longer available to new clients)

Risks of FDIC-Insured Bank Deposit Sweep Products

In the event there is insufficient availability of Program Banks to fully allocate your balances, there is a potential that your balance in these products may not be fully insured up to $2,500,000. In the event the Program Banks cannot accept any additional deposits, the sweep feature on your Account may be updated to prevent any further sweep deposits from your Account. If this occurs, an available cash balance in your Account would no longer be automatically invested and would remain a free credit balance in your Account.

Additions to Choice FDIC-Insured Bank Deposit Sweep Product Disclosures Effective 02/08/21:

Secondary Sweep Option

Once your balance reaches the current Program Deposit Limit of $2,490,000, Pershing, as your agent, will automatically sweep any additional free credit balance over that amount (“Excess Balance”) from your Account into the secondary sweep option selected by your IBD or your Investment Professional. If your IBD or Investment Professional has not selected a secondary sweep option on your account, any Excess Balance will be swept into a default money market mutual fund (“Money Fund”). The default Money Funds used as the secondary sweep option for the Program are currently the Dreyfus Government Cash Management Service Shares (Ticker symbol DGUXX) and the Dreyfus Government Cash Management Investor Shares money fund (Ticker symbol DGVXX). Please see of this Disclosure Statement titled “Money Fund Features” for additional information on the default secondary sweep option.

Negative Interest Rates

In response to certain extraordinary economic conditions, some foreign countries have implemented a negative interest rate policy to stabilize their economies. Under such a policy, a central bank charges banks a fee to hold reserves, and, as a result, the banks then charge depositors a fee to maintain their deposits. Historically, the U.S. has not adopted policies resulting in to charge fees to maintain deposits held through bank deposit sweep products. In such an event, a fee would be charged for maintaining your deposits at Program Banks through the product. This fee would be in addition to fees received from Program Banks for their participation. Any fees related to negative interest rates would be applied to your balance on a monthly basis for the duration of the negative interest rate period. If applicable, this fee will appear on your periodic Account statement.

Additional FDIC-Insured Bank Deposit Sweep Programs - Single Rate Product Rates*

*A tiered rate product is also available, which has rates that vary between investors. These two bank deposit sweep products are specific to certain pricing arrangements selected by an Introducing Broker Dealer or Investment Adviser. Rates are displayed on customer statements and available through your Introducing Broker Dealer or Investment Adviser.

An investment in a FDIC-Insured Deposit Program is protected by FDIC insurance and therefore not protected by Securities Investor Protection Corporation (SIPC). An investment in a money market mutual fund is not insured or guaranteed by the Federal Deposit Insured Corporation or any other government agency but is protected by Securities Investor Protection Corporation (SIPC). Although the funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investment in the fund.

For additional information on any fund, including investment objectives, risks, charges, and expenses, please consult the fund's prospectus. Contact your financial organization for the fund prospectus and read it carefully before investing.

The Money Market Mutual Fund and FDIC-Insured Deposits Program Rates expressed herein above as "Seven-Day Yield" and "Interest Rate" are provided to Pershing LLC electronically on a daily basis by each of the above-identified participating Money Market Mutual Fund or FDIC-Insured Deposits Program managers. Pershing LLC does not establish the interest rate applicable to determining the Seven-Day Yield. The applicable interest rate resulting in such yields is determined solely by each of the identified institutions. Pershing LLC does not verify or guarantee the accuracy of this electronically transmitted rate information. With respect to Money Market Mutual Funds, please refer to the applicable fund prospectus. With respect to FDIC-Insured Deposits Program rates, please refer to the applicable Terms and Conditions disclosure document. Please consult with your financial organization, which will provide you with the necessary information for you to make an investment decision concerning your available cash pending further commitment. Pershing LLC is not responsible for any investment decision you make.

MONEY FUND AND BANK DEPOSIT PROGRAM FEES AND REVENUE SHARING

Money fund and bank deposit program sweep processing fees and revenue sharing arrangements are a source of revenue for Pershing and, where applicable, a source of revenue for your introducing broker dealer. For money funds supported on its sweep platform, Pershing receives remuneration paid out of the total operating expenses of the fund, some of which include SEC Rule 12b-1 fees. If your introducing broker dealer selects a sweep product that pays Pershing remuneration, some of the fees Pershing receives from the money fund and bank deposit providers will be shared with your introducing broker dealer. In addition, Pershing receives fees for providing access to its platform from money market funds and bank deposit program providers. These fees are typically paid according to an asset-based formula. In certain circumstances, Pershing shares these fees. A portion of Pershing’s fees are applied against costs associated with providing services, including maintaining cash sweep systems, sub-accounting services, dividend and interest calculations and posting, accounting, reconciliation, client statement preparation and mailing, tax statement preparation and mailing, marketing and distribution-related support and other services.

Additional Revenue Sharing with Affiliates

The Dreyfus Insured Deposit Program, which is one of the providers of FDIC insured bank deposit sweep products supported by Pershing and may be offered to you by your Introducing Broker Dealer and Investment Adviser, operates through a private labeling arrangement with the Dreyfus Cash Solutions, a division of BNY Mellon Securities Corporation (BNYMSC).  Pershing has appointed Dreyfus Cash Solutions to provide certain services with respect to the operation of the Program. BNYMSC is a registered investment adviser and broker-dealer, and a subsidiary of BNY Mellon Investment Adviser, Inc. (BNYMIA). BNYMSC, BNYMIA and BNY Mellon, N.A. are BNY Mellon companies.  BNY Mellon is the corporate brand for The Bank of New York Mellon Corporation.  Pershing, Pershing Advisor Solutions, and BNYMSC earn fees (which may or may not be account-based) based on the amount of money in the Dreyfus Insured Deposit Program. Pershing and Pershing Advisor Solutions may earn a higher fee on balances in any of the FDIC-insured bank deposit sweep programs (Programs) supported on the platform than in other money market products, such as money market mutual funds (Money Funds). Pershing, in its sole discretion, may share a portion of fees it earns from the support of these Programs with your Introducing Broker Dealer in which case your financial organization would earn fees on balances in these Programs which may be higher than fees earned on other money market products, such as Money Funds. Your Introducing Broker Dealer, Pershing, Pershing Advisor Solutions and BNYMSC may be affiliated with one or more Program Banks.  BNY Mellon, N.A., in their role as a bank participating in Programs, will realize an economic benefit from any Program balances allocated to it. The Program Banks, including BNY Mellon, N.A., do not have a duty to offer the highest rates available or rates that are comparable to Money Funds or those offered by other depository institutions.  If you desire to maintain a large cash position in your account custodied by Pershing for other than a short period of time, you should contact your Introducing Broker Dealer or Investment Adviser to discuss your options.

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