Are bank investment accounts FDIC insured?

Answer The Federal Deposit Insurance Corporation (FDIC) insures only certain bank investments, and only up to certain limits, usually $250,000. Checking, savings, money market and other bank deposit accou... Read More »

Top Q&A For: Are bank investment accounts FDIC insured

Are All Savings Accounts in a FDIC Bank Insured?

All savings accounts in FDIC member banks are insured by the Federal Deposit Insurance Corporation (FDIC). However, limits exist to the amount of insurance coverage, and certain types of losses are... Read More »

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 »

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 »

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 »