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Saving Loans and Inv

Saving Loans and Investments

TermDefinition
Money Market Account normally pay a higher rate of interest than a passbook or statement savings account.
personal savings and money market can deposit into it at any time
CD can make deposits into it when opened
FDIC insures Checking accounts and savings accounts, A federally sponsored corporation which insures accounts in national banks and other qualified institutions up to $100,000, Federal Deposit Insurance Corporation
Equifax, Experian, and Transunion 3 national credit beaurues
Created by: Daw$onJacob$