These deposit accounts (not to be confused with money market funds) are offered by banks and credit unions, which means they're usually insured by the Federal Deposit Insurance Corp. (FDIC ...
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 ...
While money market accounts work like high-yield savings with FDIC protection, money market funds invest your cash in safe securities for potentially better returns but require an investment account ...
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 ...
Although not FDIC-insured, money market funds are generally considered low-risk because they invest in stable, short-term instruments. They are managed by professional fund managers who strive to ...