The Federal Deposit Insurance Corp. (FDIC) provides coverage for eligible bank accounts up to $250,000, but if you need more than that, there are several ways to obtain it. Your options include joint ...
Each depositor is covered for $250,000 worth of deposits per depositor, per FDIC-insured bank, and per ownership category. To determine if your bank is FDIC-insured, you can use the FDIC's ...
All in all, banks are still the safest place to store your money. When you make deposits at an FDIC-insured bank, your money ...
As a bank customer, you don’t need to buy deposit insurance or do anything else to insure your deposits through the FDIC. As long as you put your money with an FDIC-member bank, the agency ...
Each depositor is eligible for $250,000 in deposit coverage per account ownership type per bank. The easiest way to expand ...
If your bank is FDIC insured -- and it really should be -- you're protected in the unlikely event disaster strikes, collapsing the company that holds your savings. But what is FDIC insurance? Read on ...
make sure they partner with an FDIC-insured institution and understand their deposit protection,” advises Alyson Basso, a ...
One of the key features of MMAs, aside from paying higher interest, is the protection of your assets. MMA deposits and earnings at a bank are insured by the Federal Deposit Insurance Corp. (FDIC ...
As banks close branches, many are ditching a traditional service that they consider to be outdated.
If you withdraw your money before that time is up ... according to the Federal Deposit Insurance Corp. (FDIC). Money market accounts (MMAs) are a sort of hybrid between a checking and savings ...
Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...