Compare the key differences between a money market account vs checking account to choose the right business account for your ...

Are money market accounts FDIC-insured? Money market accounts are FDIC-insured when they’re held at FDIC member banks. The FDIC insurance limit is $250,000 per depositor, per account ownership ...

Safety. MMA funds are insured when held with banks backed by the FDIC or credit unions backed by the NCUA. Balance requirements. Many money market accounts require high deposits to open and high ...

The Trump administration is continuing to discuss plans to collapse functions the Federal Deposit Insurance Corporation into ...

Learn more about average money market rates and how they compare to the average rates of other deposit accounts below. Earn 4.01% Annual Percentage Yield (APY). $0 minimum deposit. FDIC Insured.

All of the banks on this list are FDIC-insured. (See our methodology for more information on how we chose the best money market accounts.) Best money market rates of February 2025 Ally Bank ...

The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.

FDIC insurance is backed by the full faith and credit of the U.S. government and guarantees bank consumers that their money is safe for up to a limit of $250,000 per depositor, per FDIC-insured ...