Question

 Are all bank money markets FDIC insured?

Answer The Federal Deposit Insurance Corporation (FDIC) fully insures bank money market accounts up to the legal limit of $250,000 (and more, under certain circumstances). However, the FDIC notes that mo... Read More »
http://www.answerbag.com/q_view/2059188

Top Q&A For: Are all bank money markets FDIC insured

Are money markets insured under the FDIC?

According to the Federal Deposit Insurance Corporation, money market deposit accounts are insured up to $250,000. On the other hand, money market mutual funds are not considered deposit accounts, a... Read More »
http://www.answerbag.com/q_view/2052803

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 »
http://www.answerbag.com/q_view/2052383

Are Bank of America money market accounts FDIC insured?

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

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


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