Money market rates are compared in the chart below as well as savings account rates and CD rates. After choosing an account type and the amount you want to deposit, click the "Update" button to see your results.
Featured FDIC Insured Savings Rates for May 25, 2013:
Contacting Institutions
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These rates are updated weekly. For criteria used in surveys of rates above, click here.
These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site,
where you can find additional information. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Bankrate.com rates banks, thrifts and credit unions through proprietary Safe & Sound star
rating system. Rates are subject to change without notice and may vary from branch to branch.
Compare money market rates at-a-glance at RateCatcher.com. RateCatcher has a money market comparison chart that allows visitors to sort the top 100 banks in the US by APY, minimium deposit, or fees. RateCatcher also provides strategies on maximizing your return from bank products such as CDs. Check out this strategy on how to earn 2.80% [...]
During the difficult economic and low interest environment, people are turning to high-yield money market accounts to grow their money and fight inflation. They are like any type of deposit account that is offered to others, except in contrast to traditional savings accounts, money market accounts have (MMA) in a position to write the checks [...]
Fidelity Money Market Funds – Choosing the Best One Sam Subramanian PhD, MBA M oney market mutual funds like those offered by Fidelity Investments are indispensable instruments, providing liquidity and relative safety. Although not federally insured, Fidelity money market funds usually generate higher income than bank accounts. They also enable investors to temporarily park cash [...]
SEC Staff Provides Responses to Questions Concerning New Disclosure Requirements Adopted as part of Recent Money Market Fund Rule Amendments The Staff of the SEC's Division of Investment Management published responses to various questions relating to Rule 30b1-7 under the Investment Company Act of 1940, as amended (the 1940 Act ), and new Form N-MFP. [...]
Deposits vs. Investments Any money you have in savings and checking accounts or in certificates of deposit (CDs) is known as a deposit. Your financial institution is committed to returning all of your deposits (plus interest) whenever you ask. You can even take money out of a CD before it matures, however, you will have [...]
