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Financial Institutions Bless Christian Caralde Computer III
Are accounts maintained by retail: Financial institutions  That pay interest but cannot be used directly as money.  (For example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return. Savings Accounts
Is a service provided by financial institutions (banks, savings and loans, credit unions, etc.) which allows individuals and businesses to deposit money and withdraw funds from a federally-protected account. The terms of a checking account may vary from bank to bank, but in general a checking account holder can use personal checks in place of cash to pay debts. He or she can also use electronic debit cards or ATM cards to access individual accounts or make cash withdrawals. Checking Accounts
Mortgage may refer to: Mortgage loan A loan secured by a mortgage on real property. Mortgage A security interest on real property granted to a lender, as in Mortgage law. The mortgage document (deed) Hypothec Mortgages
A Certificate of Deposit or CD is : Time deposit A financial product commonly offered to consumers by:  Banks thrift institutions credit unions Certificates Of Deposit

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Financial Accounts: Savings, Checking, Mortgages, and CDs

  • 1. Financial Institutions Bless Christian Caralde Computer III
  • 2. Are accounts maintained by retail: Financial institutions That pay interest but cannot be used directly as money. (For example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return. Savings Accounts
  • 3. Is a service provided by financial institutions (banks, savings and loans, credit unions, etc.) which allows individuals and businesses to deposit money and withdraw funds from a federally-protected account. The terms of a checking account may vary from bank to bank, but in general a checking account holder can use personal checks in place of cash to pay debts. He or she can also use electronic debit cards or ATM cards to access individual accounts or make cash withdrawals. Checking Accounts
  • 4. Mortgage may refer to: Mortgage loan A loan secured by a mortgage on real property. Mortgage A security interest on real property granted to a lender, as in Mortgage law. The mortgage document (deed) Hypothec Mortgages
  • 5. A Certificate of Deposit or CD is : Time deposit A financial product commonly offered to consumers by: Banks thrift institutions credit unions Certificates Of Deposit