I haven't heard the regulators mention it, but yes, savings accounts and MMDAs fall under the same definition. We look for this when applicable.
If you actually establish a NOW or ATS account, within those parameters, and call it a savings you can meet many consumer demands without the monitoring.
Just a thought.
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AndyZ CRCM
My opinions are not necessarily my employers.
R+R-R=R+R
Rules and Regs minus Relationships equals Resentment and Rebellion. John Maxwell