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 ...

With the average savings account paying 0.38%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a ...

Most people think their money is safe in a savings account, but that safety comes at a huge cost. Here's what to know before ...

Every savings account ... plus any account fees, perks and interest rates offered. All the accounts included on this list are FDIC- or NCUA-insured of up to $250,000.

Nearly all banks are insured by the FDIC, which protects your deposits up to $250,000 (per person, bank, and account type). That means even if your bank implodes, you won't lose the FDIC-insured ...

Money market accounts are FDIC insured up to $250,000, ... Money market accounts combine the flexibility of a checking account with the interest-earning potential of a savings account.

Both checking and savings accounts are FDIC-insured (or NCUA-insured for credit unions) up to $250,000 per depositor, institution, and account ownership. This keeps your money safe in case of a ...

CIBC Bank USA has an online savings account and CDs that you can open anywhere in the US. ... CIBC Bank USA is FDIC-insured. You may safely keep up to $250,000 in an individual bank account.

Synchrony is an online, FDIC-insured bank that offers a high-yield savings account with a 4.10% APY. The account doesn’t require a minimum deposit, minimum balance or the payment of monthly fees.

Look to a savings account when you want to set money aside for future needs and goals. Savings accounts allow you to deposit money for safekeeping and earn interest on your balance. You can open ...

Continue reading → The post Are Online Savings Accounts FDIC-Insured? appeared first on SmartAsset Blog. Compared to traditional banks, online banks tend to have lower overhead costs.