Moving Your Money? Here's How to Make Sure Your New Bank Is Secure

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. APY = Annual Percentage Yield. APYs are subject to change at any time without notice.

Looking for a new bank account? I don't blame you -- banks are better than ever these days. A lot of them offer accounts that don't have monthly maintenance fees and can be opened online in a matter of minutes -- no shoes (or pants) required. That said, it's a good idea to do your research before you open an account with just any old bank and fund it with your hard-earned cash.

So before you jump on that sweet high-yield savings account paying 5% APY, make sure the new bank is a safe home for your money. Here's how.