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Originally Posted by tke248
What UFB is offering is not the same type of accounts as ING or Emigrant, its a money market account which I thought means you can loose money, someone correct me if im worng!!
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Yes, there are differences between savings accounts and money market savings accounts, but what you're thinking of is the old money market accounts that mutual fund companies sell. Those are not FDIC insured. All of these (Emigrant Direct, UFB Direct, ING Direct) are FDIC insured, so you can't lose your money.