FNBO Direct 3.50% APY and Safer Than a Money Market Fund

You probably already heard about the money market mutual fund last week that “broke the buck” and caused losses for those invested in it. If you’re looking for somewhere safe to put your money than consider an account with FNBO Direct. They are FDIC insured which means you’re account is insured against loss up to $100,000. In addition to being safer than money market mutual funds they also offer a better return. The average money market mutual fund is paying less than 2% APY compared to 3.50% APY from FNBO Direct. If you can get a better return on your money for less risk at FNBO Direct there isn’t any reason to put or keep your money in a money market mutual fund. One other big advantage that FNBO Direct offers is that you can invest with as little as $1. This makes it much easier to save your money with FNBO Direct than at most mutual funds. Just click on the ad for more details or to open an account.