Where do money market deposits go?

Answer Money market deposits are placed into interest bearing bank accounts. These accounts are FDIC insured, which means that deposits are safe up to a $100,000 for a standard account or $250,000 for a r... Read More »

Top Q&A For: Where do money market deposits go

What Happens After Someone Deposits Money Into the Bank?

Trust is the engine that drives banks toward profitability, and a lack of trust can cause a bank to fail. Consumers must assume the bank will honor withdrawals against their deposits. Once someone ... Read More »

How to Make Money on the Internet Without Deposits?

There are more ways to make money online than almost anyplace else. Though some investment is required, you can make money on the Internet without any deposits and for a low start-up cost. The less... Read More »

The Importance of Bank Deposits in the Money Supply?

Bank deposits are a common occurrence in which customers deposit funds into their accounts. The bank must provide cash to the customer whenever funds are withdrawn; if not withdrawn, however, banks... Read More »

How do I protect money invested in money market accounts?

Bank FundsInvest your money in bank money market funds for protection. Money market funds come in two varieties: bank money market funds insured by the Federal Deposit Insurance Corp. (FDIC) and no... Read More »