Interest Rates for the Eagle One Sweep Bank Deposit Sweep Program

Cash balances held on deposit at First Republic Bank under the Eagle One Sweep Bank Deposit Sweep Program will earn a variable rate of interest. Interest rates may change at any time. Your interest rate is based upon the amount of your cash balance on deposit at First Republic Bank under the Program as of the end of each business day and will be applied to the entire balance held on deposit in accordance with the Interest Rate Tiers1 provided below. For more information about interest rates please refer to the Eagle One Sweep Bank Deposit Sweep Program Disclosure Document. For current interest rates and information about comparable investment options, please contact your Authorized agent/Advisor or visit Fidelity.com.

Tier Range Interest Rate2 APY2
From To
Eagle One Sweep Tier 1 held at First Republic Bank $0.01 $1,000,000.00 0.06% 0.06%
Eagle One Sweep Tier 2 held at First Republic Bank $1,000,000.01 $5,000,000.00 0.08% 0.08%
Eagle One Sweep Tier 3 held at First Republic Bank $5,000,000.01 And above 0.12% 0.12%

The Cash Balance held in the Eagle One Sweep Bank Deposit Sweep Program is eligible for FDIC insurance coverage subject to the applicable FDIC coverage limits3. All assets of the account holder at First Republic Bank will generally be counted toward the FDIC coverage limit.

Fidelity also offers other alternatives for core account investment vehicle or position to meet your cash management needs. The core account investment vehicle options available in your brokerage account include money market mutual funds available at Fidelity. These money market mutual funds may be eligible for SIPC protection4, subject to SIPC rules and requirements, rather than FDIC insurance coverage.

Over any given period, the interest rates on the Cash Balances held in the Eagle One Sweep Bank Deposit Sweep Program may be lower than the rate of return on other core account investment vehicles which are not FDIC insured or on bank account deposits offered outside the Program. First Republic Bank does not have a duty to offer the highest rates available or rates that are comparable to money market funds.

Example of Options Available for Your Cash 7-day Yield5
(as of 02/25/2014)
Compound Effective Yield
(as of 02/25/2014)
Fidelity Government Money Market 0.01% 0.01%
Fidelity Cash Reserves 0.01% 0.01%