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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.

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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