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Are Cash Market Accounts FDIC

http://decorfixins.com/4951/what-is-the-dow-jones-and-what-does-it-measure is a division of CIT Bank, N.A., a FDIC insured bank. Yahoo Is Now A Part Of Verizon Media covers all forms of deposits obtained at an insured bank, together with deposits in a checking account, negotiable order of withdrawal (NOW) account, financial savings account, money market deposit account (MMDA), time deposit equivalent to a certificates of Deposit (CD), or an official merchandise issued by a financial institution (corresponding to a cashier's examine or cash order).
For the reason that FDIC was established, no depositor has lost a single penny of FDIC-insured funds as a result of a financial institution or financial savings association failure. Insurance coverage of deposits is ruled by the Federal Deposit Insurance coverage Act (12 U.S. C. 1811 et seq.) and the FDIC's regulations in insurance protection (12 C.F.R. Park 330).
The FDIC doesn't insure the money you invest in stocks, bonds, mutual funds, life insurance insurance policies, annuities or municipal securities, even if you happen to bought these merchandise from an insured bank or savings association.
The FDIC does not insure cash invested in shares, bonds, mutual funds, life insurance policies, annuities, municipal securities, or money market funds, even if these investments were bought from an insured bank. However, FDIC insurance coverage doesn't cowl all funds on deposit with FDIC-insured banks.

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