Passbook savings account with an original maturity of exactly 90 days. The rate paid depositors is sometimes linked to the 90-day Treasury bill. Deposits are subject to a 7-day withdrawal notification, and if left on deposit, are rolled over for another term.
Ninety-Day Savings Account
| Banking Dictionary: Ninety-Day Savings Account |
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 | Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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