Question

 Are Bank of America money market accounts FDIC insured?

Answer Bank of America participates in the FDIC insurance program. As such, all deposit accounts are insured up to $250,000. Deposit accounts are insured based on titling; therefore, an individual account... Read More »
http://www.answerbag.com/q_view/1897323

Top Q&A For: Are Bank of America money market accounts FDIC ...

Are all bank of america money market accounts fdic insured?

As a member FDIC, all Bank of America money market deposit accounts are covered for up to $250,000 of FDIC insurance. However, money market mutual fund accounts are not covered by FDIC insurance.So... Read More »
http://www.answerbag.com/q_view/1898113

Are bank money market accounts FDIC insured?

FDIC stands for Federal Deposit Insurance Corporation. Money market mutual funds are not covered by FDIC insurance because they are investing in short term debt securities. Money market deposit acc... Read More »
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Are Bank of America money market accounts insured?

At bank of America, the opening balance of a money market account must be at least $100. Interest is compounded daily and credited monthly. Money market accounts are insured by the FDIC.References:... Read More »
http://www.answerbag.com/q_view/2444411

Are money market accounts insured by FDIC?

Yes, money market deposit accounts are insured by the FDIC (Federal Deposit Insurance Corporation). These accounts are insured up to $250,000, which is the legal limit. However, it is possible for ... Read More »
http://www.answerbag.com/q_view/1933468


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