What type of accounts can I open?

Modified on Mon, 23 Oct 2023 at 02:27 PM

Our Market Savings accounts are "single ownership accounts".

A single-ownership account is an account owned by one person. 

  • The account is in one person's name only. 
  • This person must be 18 years or older, and a US Citizen, or resident alien. 
  • The account holder must be residing in the US with a US mobile phone number. 

You may however designate beneficiaries to your account. 


Type of accounts we do not currently support: 

  • Joint Accounts
  • Business Accounts. This includes "Doing Business As" (DBA's), Corporations, Partnerships, Limited 
    Liability Companies, Unincorporated Associations.
  • Fiduciary Accounts. This includes any account owned by one party but held in a fiduciary capacity. 
    Example: Uniform Transfer to Minor Accounts, Escrow Accounts, Interest on Lawyer Trust Accounts. 
  • Revocable and Irrevocable Trust Accounts
  • Government Accounts, Public Fund Accounts 
  • Health Savings, IRA Accounts, Employee Benefit Plan Accounts
  • Non-depository institutions or Accounts



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