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IMMA
(redirected from Insured Money Market Account)

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AcronymDefinition
IMMAInstallation Materiel Maintenance Activity
IMMAInsured Money Market Account
IMMAInternational Maritime Meteorological Archive
IMMAInternational Motorcycle Manufacturers Association

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That restriction was removed in late 1982, and banks immediately began to offer insured money market accounts that paid as much as 11 percent.
Any excess funds above the target balance in the checking account will be automatically swept into an FDIC insured money market account on a daily basis.
 
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