A federally-insured savings account that pays a modest interest rate can help you build an emergency fund, save for a major ...

MMAs are deposit accounts insured by the FDIC or ... there because of other services that they offer." Money market account definition FAQS It indicates an expandable section or menu, or sometimes ...

Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written library to ...

A savings account is considered high-yield if it pays more than a financial institution’s regular demand deposit or passbook savings accounts. High yield savings accounts are typically money ...

Similar to a demand deposit. Funds in a sight account can be transferred quickly without restriction to another account or converted into cash. Term is mainly used in Europe ...

CDs: definition and purpose A CD, or certificate of deposit, is a bank account that keeps your money for a set length of time. For example, if you open a 2-year CD, you'll pay a penalty if you ...