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Union Bank, a wholly owned subsidiary of Union Bankshares, Inc., is a U.S. community bank based in Morrisville, Vermont. The bank provides commercial, retail, and municipal banking services and asset management services throughout Northern Vermont and New Hampshire. The bank operates 20 branches, three loan centers and several ATMs in the ...
While high-yield savings accounts are ideal for building an emergency fund and saving for short-term goals, oversaving in an HYSA has its drawbacks. ... store more than $250,000 in a bank account ...
The average checking account holder sticks with the same bank or credit union for 17 years on average. ( Bankrate ) Deposits at FDIC-insured banks have decreased for six straight quarters.
Safety: Money kept in a savings account at an FDIC-insured bank or an NCUA-insured credit union is insured for up to $250,000 per account owner, per financial institution, per ownership category ...
Union Savings Bank, is a full-service Community bank and wealth management institution serving customers in Western Connecticut. The bank is headquartered in Danbury, Connecticut and was founded in 1866.
Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. In other words, the banker-customer ...
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