Money market savings accounts are insured by the FDIC if the account's at a bank. They're insured by the NCUA if the money market account is at a credit union.
yes they are insured up to 100,000 dollars during the credit crisis this limit was raised to 250,000 per account. Thus if you have more money than distribute it amongst several banks
yes
The FDIC insures them
The maximum FDIC insured amount TOTAL for any individual is $250,000, so you have to consider all of your bank savings and bank CDs. Remember that stocks are not covered and other investments are not necessarily FDIC insured.
All types of traditional bank accounts such as checking accounts, savings accounts, CDs (Certificates of Deposit), etc. are insured by the FDIC.
In 1994, federally insured depository institutions held $5 trillion in assets
No you have nothing to worry about. Each federally insured bank can tell you the maximum dollar amount insured for their various account. It is mandatory they release this information upon request. You are very smart to be concerned about this, and should make the inquiry to your bank.
1933
The federally insured capital in ones name could disappear as a result of the incorrect entries.
Yes, Iberiabanks' cd s are FDIC insured.
ING Direct is a bank which is federally insured by the FDIC. It offers banking services including online banking. It is part of the ING Group which is headquarted in Amsterdam.
Federally guaranteed or insured loans, yes.
If a bank is FDIC insured then it would be up to $250,000.00 To find a bank that is insured by FDIC go to the link below
$100,000This is sort of complicated. Per www.fdic.gov:"The basic insurance amount is $250,000 per depositor, per insured bank."The $250,000 amount applies to all depositors of an insured bank."Deposits in separate branches of an insured bank are not separately insured. Deposits in one insured bank are insured separately from deposits in another insured bank."Deposits maintained in different categories of legal ownership at the same bank can be separately insured. Therefore, it is possible to have deposits of more than $250,000 at one insured bank and still be fully insured."
Yes, Alma Bank is an FDIC insured bank. A quick check of their web page reveals this.