Is My Money Safe in a Bank Account?

Keeping money in a bank account is safe because most accounts are insured for up to $250,000 by the federal government.

Benefits of using a bank account:

1. You have more protection against fraud and accidental charges.
2. Direct deposit into your account means money you make is available faster than a paper check.
3. It’s easy to send money to family and friends through online banking.
4. You can always see your balance.

https://www.fdic.gov/getbanked/pdf/top-reasons-to-open-a-bank-account.pdf