A deposit that can be withdrawn at any time without advance notice. The most common type is the checking account. Bank demand deposit drafts or checks are considered negotiable instruments as defined by the Uniform Commercial Code.
Rates Current as of Saturday March 13, 2010
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A deposit account into which payments may be made by an individual for the purpose of funding future health-related costs. The process benefits from certain tax benefits under current law.
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An individual or financial institution that lends money with the expectation that the money will be returned with interest.
An employer-sponsored retirement plan that enables employees of state and local
governments and other tax-exempt employers to make tax-deferred contributions from their salaries to the plan.
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An interest rate structure in which different rates of interest are paid depending on the balance in an account. The entire account balance will earn a higher rate once it reaches the designated level.
No, an investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
The lender in a mortgage loan relationship.
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