Small time deposits of $100,000 or less are classified as

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Small time deposits of $100,000 or less are part of M2, which includes M1 (currency, demand deposits, and traveler's checks) and near money like savings accounts, money market accounts, and small time deposits. This means that they are not part of M1, which is more narrow and focused on the most liquid forms of money. While small time deposits may be FDIC insured and highly liquid depending on the terms of the deposit agreement, these are not characteristics that differentiate them from other types of deposits in terms of classification within the money supply.

Small Time Deposits of $100,000 or Less Are Classified as