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Money market accounts (MMAs) Money market funds (MMFs) Provider. Banks and credit unions. Investment firms and brokers. Insurance. FDIC or NCUA up to $250,000
Money within a money market account is insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration for up to $250,000 per person, per account.
Why it stands out: The Truist Bank High Performance Money Market Account has a $100 minimum deposit and the convenience of physical bank locations. Pros: Minimum balance to earn APY is only $0.01.
Money market accounts are a great option if you're looking to maximize the amount of interest you can earn in a low-risk setting. You'll have easy access to your money, your account is insured up ...
Here are a few places to start when comparing money market accounts for the best MMA rate: Vio Bank — 5.30% APY; $100 minimum deposit. UFB Direct — 5.25% APY; no minimum deposit.
The producer price index released a day earlier on January 14 reported a modest 0.3% increase in wholesale prices in December, ... Guaranteed returns. ... Money market account.
Money market. 0.66%. 0.60%. Up 6 basis points. 1-month CD. 0.23% ... The producer price index released a day earlier on January 14 reported a modest 0.3% increase in wholesale prices in ...