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History of innovation November 17, 2021 Business, Economic Development, Firsts, Products, The 1970s

Cash management accounts

SRI International November 17, 2021

Cash management accounts – 1970’s

For Merrill Lynch, SRI created the concept of a convenient, single account combining stock and bond portfolios with money market funds, checking, and credit and debit card services.

A cash management account lets the user manage everyday transactions with services such as check writing, a debit card and online billing tools, while keeping long-term investments on track through access to a broad range of investment products and services—all in a single account.

BusinessEconomic DevelopmentFirstsProductsThe 1970s

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History of innovation Business, Economic Development, Firsts, Products, The 1970s

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