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Consumer Financial Protection Bureau
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What is a money market account? | Consumer Financial Protection Bureau
https://www.consumerfinance.gov/ask-cfpb/what-is-a-money-market-account-en-1007/
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A money market account is a type of account offered by banks and credit unions. Like other deposit accounts, money market accounts are insured by the FDIC or NCUA, up to $250,000 held by the same owner or owners.