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Deposits in a money market account are protected, up to a maximum amount, when the account is with a bank insured by the Federal Deposit Insurance Corp. (FDIC) or a credit union insured by the ...
The NCUA insures money market accounts through the National Credit Union Share Insurance Fund. Credit union members can receive up to $250,000 at NCUA-insured credit unions if they fail.
Deposits are insured. Money market accounts are insured by the FDIC or NCUA for up to $250,000 per person, ... MMAs are federally insured for up to $250,000 per account, which means your money is ...
As long as you have up to $250,000 in your money market account at a federally insured financial institution, your money is insured. In the event that the bank is unable to return your funds, the ...
Money market accounts are insured by the FDIC or NCUA for up to $250,000 per person, per account. ... Money within a money market account is insured by the Federal Deposit Insurance Corporation or ...
Perks of money market accounts often include competitive annual percentage yields (APYs) and easy access to your cash, and your funds are protected when the account is with a federally-insured ...
(Or, if your account is at a federally backed credit union, your money will be insured by the National Credit Union Share Insurance Fund.) As with high-yield accounts, you may get the best deals ...
Perhaps the most important difference between money market funds and money market accounts is that money market funds are not insured by the Federal Deposit Insurance Corporation, or FDIC, whereas ...
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