Bank Accounts We are all used to the conveniences that come with modern banking. We can have our salary paid directly in our bank account, pay our bills online and pay for purchases with a cash card. This week you are learning about one of the most bas

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Bank Accounts

We are all used to the conveniences that come with modern banking. We can have our salary paid directly in our bank account, pay our bills online and pay for purchases with a cash card.

This week you are learning about one of the most basic services that a bank offers: the checking account. Other types of accounts that a bank offers are: Money Market Account, Passport Savings, or Certificate of Deposit.

In this discussion, choose and research one of these three accounts. You can use the Internet to find information about the type of account or talk to a bank employee at your local bank. Post a summary of the account and some of the advantages and disadvantages of using it.

 

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