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  • Official Know-It-All
    Money market accounts at credit unions are safe if they meet certain criteria. If the credit union has NCUA (National Credit Union Administration) insurance--the equivalent of FDIC insurance for credit unions--and your account is less than the coverage limit, your account is secure. The coverage limit varies based upon account types.

    Source:

    Annuity.com: FDIC Insurance

    FDIC.gov: Coverage Limits

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