The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

Yes. Banks insure your money through the Federal Deposit Insurance Corporation (FDIC). This means that even if the bank goes out of business, your money will be safe, and you will get them back. If you open a savings account in a credit union, your money will be insured by The National Credit Union Administration (NCUA).

tags : Savings Account Security

Disclaimer: This editorial content is not provided or commissioned by the banks or credit card issuer(s). Opinions expressed here are the author's alone, not those of the banks or credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the banks or credit card issuer(s). Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult with the issuing bank of the card or account for terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are accurate as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.