The Federal Deposit Insurance Corporation (FDIC) insures online savings accounts and brick-and-mortar banks. If the bank has FDIC insurance and fails, up to $250,000 per account holder per account ...

Rates on savings accounts are the same compared to one week ago. You can now earn as much as 5.84% on your savings. In the ...

Some other reasons to consider a high-yield savings account include: Safety: As noted, most high-yield savings accounts are either FDIC or NCUA insured for up to $250,000.

A money market account is a deposit account you open at a bank or credit union. Money market funds, on the other hand, are a type of mutual fund you can use to invest in short-term debt.

This guide will walk you through how to open a money market account in four quick and easy steps, ensuring you make the best choice for your savings needs.

During the Great Depression, from 1930 to 1933, approximately 9,000 banks failed, taking with them $7 billion in depositors’ ...

For example, the Discover Online Savings Account pays out 3.70% APY with no minimum deposit, while the Barclays Bank Savings Account reserve its highest 4.40% APY tier for balances of $250,000 or ...

A payable-on-death account, and other types of deposit accounts where funds pass to specific beneficiaries when the owner dies, can be insured up to $100,000 per beneficiary ($200,000 if there are ...