There are several organizations that have been set up to protect consumers' financial assets — the FDIC which covers deposits in banks and savings associations, the NCUA which does the same for most ...

Cole Tretheway is a full-time personal finance writer whose articles have been featured on Motley Fool Money and The Motley Fool. He has a degree in English with a Certificate in Professional and ...

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 a money market account, you earn interest on your account balance as you would with a savings account. However, one important difference is that interest rates on money market accounts are ...

How safe is your money? Here's how the US banking system works. The primary role for banks is to take in funds. Those deposits are the money you put in savings or checking accounts as well as deposits ...

Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, and alternative investments on Investopedia since 2016. Thomas J.

Kevin Payne is a freelance writer and family travel and budget enthusiast behind FamilyMoneyAdventure.com. His work has been featured in Forbes Advisor, Credible, CreditCards.com, Bankrate, SlickDeals ...