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  2. The account is unique in that it functions as three separate accounts: non-interest bearing checking (Spend), interest-bearing checking (Reserve) and interest-bearing savings (Growth).

  3. What is a checking account? - AOL

    www.aol.com/finance/checking-account-174644492.html

    A checking account is fundamental for making day-to-day financial transactions, while a savings account is a good place for funds set aside for emergencies, or financial goals such as a vacation ...

  4. What Is a Checking Account and How Does It Work? - AOL

    www.aol.com/finance/checking-account-does...

    Checking accounts are demand deposits, meaning that banks are required to return account-holder funds upon demand. Skip to main content. 24/7 Help. For premium support please call: 800 ...

  5. Transaction account - Wikipedia

    en.wikipedia.org/wiki/Transaction_account

    Banking. A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by ...

  6. Cheque - Wikipedia

    en.wikipedia.org/wiki/Cheque

    Banking. A cheque (or check in North American English; see spelling differences) is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking ...

  7. Bank account - Wikipedia

    en.wikipedia.org/wiki/Bank_account

    Banking. A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit ...

  8. The 4 Best Bank Account Options for Kids and Teens - AOL

    www.aol.com/finance/4-best-bank-account-options...

    Having a bank account is important for kids of all ages. In fact, in the long run, it's even more valuable than you might realize. GOBankingRates' Best Banks 2022: See the Top Banks, Credit...

  9. Custodial account - Wikipedia

    en.wikipedia.org/wiki/Custodial_Account

    Custodial account. (Redirected from Custodial Account) A custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a responsible person, known as a legal guardian or custodian, who has a fiduciary obligation to the beneficiary. [1]

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