Question

 Are bank money market accounts FDIC insured?

Answer 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

Top Q&A For: Are bank money market accounts FDIC insured

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 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 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

Are Money Market Savings Accounts FDIC-Insured?

The Federal Deposit Insurance Corp. was created through the Banking Act of 1933, during the Great Depression. Its main purpose is to insure bank account holders against the loss of their deposits ... Read More »
http://www.ehow.com/about_7353550_money-market-savings-accounts-fdic_insured_.html


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