Are money market accounts insured by the FDIC? [Yahoo! Finance]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Yahoo! Finance
If you want to earn more interest on your savings but keep the same level of protection that a checking or savings account offers, consider moving your deposits to a money market account (MMA). 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) or the National Credit Union Administration (NCUA) up to $250,000 per depositor, per institution. How does FDIC insurance protect money market accounts? FDIC insurance protects you from losing the funds in your money market account and other deposit accounts if your bank fails. This insurance covers up to $250,000 of your principal deposits and accrued interest in each account category at any given bank. It's possible to have more than $250,000 in insured money market account deposits per bank if you spread the funds across multiple account ownership categories. For example, you'll have a total of
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FCNCA
News
- FDIC Chair Martin Gruenberg to step down as new bank rules loom [Yahoo! Finance Canada]Yahoo! Finance Canada
- FDIC boss Martin Gruenberg to step down as new bank rules loom [Yahoo! Finance Canada]Yahoo! Finance Canada
- Fed's ‘Stigmatized' Emergency Tool for Banks Draws Flak at Own Conference [Yahoo! Finance]Yahoo! Finance
- Fed's ‘Stigmatized' Emergency Tool for Banks Draws Flak at Own Conference [BNN Bloomberg (Canada)]BNN Bloomberg
- Barr: Requiring discount window readiness could break 'stigma' [Yahoo! Finance]Yahoo! Finance
FCNCA
Earnings
- 4/25/24 - Beat
FCNCA
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 10-Q
- 5/7/24 - Form 4
- FCNCA's page on the SEC website