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The money market account offered by Ally Bank is an example of an FDIC-insured money market account. The account earns a competitive yield, and it also comes with a debit card and checks.
Ally Financial (NYSE:ALLY) reported Q2 2025 results on July 18, delivering adjusted earnings per share of $0.99 and core pre-tax income of $480 million, both marking double-digit percentage growth ...
MOST COMPARABLE SoFi® vs. Ally Bank To receive up to a $300 bonus*, you must open a SoFi Checking and Savings account, Member FDIC, and set up direct deposit. Your bonus will depend on how much ...
The Ally Spending Account is federally insured by the FDIC. You can keep up to $250,000 per depositor per account category in the account, and it will be protected in the event of a bank failure.
Ally is an online-only bank with good rates on savings and CDs. You can earn interest on checking balances and use more than 43,000 U.S. ATMs for free.
As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors.” Silicon Valley Bank is the first FDIC-insured institution to fail this year ...
The FDIC noted that the Deposit Insurance Fund (DIF), which is used to backstop insured deposits when banks fail, saw its balance decline by $12.1 billion from the end of the fourth quarter to ...
The FDIC publication, “ Your Insured Deposits ” includes, at Example 7, possible FDIC insurance coverage for a husband and wife, with three children, using the following categories, with total ...
Money market accounts are FDIC insured. As with other deposit accounts, your money is protected up to at least $250,000. But money market funds are not FDIC insured.