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New Money Market Account After Changed to DDA?

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Question: 
If I customer has exceeded Reg D limits on a Money Market account 3 times within the past 12 months, and the account has been changed to a regular DDA, can they open a new Money Market DDA with a different account number?
Answer: 

Not knowing what a Money Market DDA might be, it is impossible to answer. If you mean another savings account, that would be up to the bank to determine.

First published on 05/20/2018

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