Failures are rare. However, the bank collapses of 2023 serve as a reminder of the importance of FDIC insurance to protect your funds. Money market accounts (MMAs) are a type of savings account ...

Opening accounts with different ownership categories, such as joint accounts or trusts, can also increase FDIC insurance ...

In terms of safety, most -- but not all -- CDs are protected by FDIC insurance. That means if your ... could continue to use ...

You can also find out if your accounts are fully covered with the FDIC’s Deposit Calculator. The FDIC doesn’t insure money invested in stocks, bonds, mutual funds, life insurance policies or ...