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Money Market Accounts

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how money market accounts work
Money Market Accounts

How Money Market Accounts Work

Money market accounts are a type of savings account that comes with higher interest rates that typically compounds daily and is paid monthly.

are-money-market-accounts-insured
Money Market Accounts

Are Money Market Accounts FDIC Insured?

Yes, bank money market accounts are FDIC-insured but credit union money market accounts are insured by a different federal regulator.

Disclaimer: Our goal is to provide the most relevant and current information. However, the information is for informational purposes only and is not intended to be personal financial advice.

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