Safety. MMA funds are insured when held with banks backed by the FDIC or credit unions backed by the NCUA. Balance requirements. Many money market accounts require high deposits to open and high ...

Money market accounts get to enjoy FDIC protection of up to $250,000 per depositor, per institution. A money-market fund (MMF ...

The most significant benefit of money market accounts is that they offer high annual percentage yields (APY). While the exact ...

Earn 4.66% Annual Percentage Yield (APY). $100 minimum deposit. FDIC Insured. The Vio Bank Cornerstone Money Market Savings Account stands out for its low minimum opening deposit and competitive ...

A 2017 report by conservative think tank The Heritage Foundation suggested "government-provided deposit insurance should be ...

All of the banks on this list are FDIC-insured. (See our methodology for more information on how we chose the best money market accounts.) Best money market rates of December 2024 Ally Bank ...

Learn what can happen to customer funds during fintech bankruptcies and how to protect yourself before it's too late.

The incoming Trump administration has reportedly started looking into ways to drastically shrink, consolidate or even ...

FDIC insurance covers traditional bank deposit products, including checking and savings accounts, time deposits such as CDs, ...

Member FDIC. Offer is limited to Business Platinum Money Market account only. Standard variable interest rates are determined at the bank’s discretion and are subject to change at any time ...

This makes it a great bank for avoiding ATM fees. Like most banks, Ally Bank is FDIC-insured. This means that the money in your Ally Money Market Account is insured up to $250,000 per person ...