Are money market accounts FDIC-insured? [Yahoo! Finance]
Ally Financial Inc. (ALLY)
Last ally financial inc. earnings: 4/20 07:30 am
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Source: Yahoo! Finance
While a money market account comes with the perks of interest and liquidity, it's also important to make sure your funds are protected through federal deposit insurance. Deposits in a money market account are protected, up to a maximum amount, when the account is with a bank insured by the Federal Deposit Insurance Corp. (FDIC) or a credit union insured by the National Credit Union Administration (NCUA) What is a money market account? A money market account is a deposit account that often combines some features of both savings and checking accounts. Like a savings account, a money market account bears interest — and like a checking account, a money market account may come with a debit card and check-writing privileges. Uses for a money market account Earning interest: Money market accounts typically earn interest, so your money will grow as you save it for emergencies or other purposes. When deciding whether it's the best place for your savings, compare the APY offered by a
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News
- Ally Executives Discuss Collaboration, Modernization And Innovation [Forbes]Forbes
- Best CD Rates Today -- The Clock Is Ticking on High APYs, May 15, 2024 [CNET News]CNET News
- Customer satisfaction at online banks has dropped, but still higher than at brick-and-mortar banks – Study [Yahoo! Finance]Yahoo! Finance
- Best CD Rates Today – Don't Wait to Lock in One of Today's High APYs, May 14, 2024 [CNET News]CNET News
- Best CD Rates Today – Now's the Time to Lock in a High APY, May 13, 2024 [CNET News]CNET News
ALLY
Earnings
- 4/19/24 - Beat
ALLY
Sec Filings
- 5/14/24 - Form 13F-HR
- 5/14/24 - Form 424B2
- 5/13/24 - Form 424B2
- ALLY's page on the SEC website