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i think they can

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12y ago
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Q: Can a bank set off credit in savings bank account to recover a time barred debt owed by the account holder?
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Related questions

What is savings account called at a credit union?

A savings account at a credit union is generally called a share account.


What is a savings account at a credits union?

A savings account at a credit union is generally called a share account.


Can you get a payday loan with a savings account?

No! You must have a credit account!


Where can you open a savings account?

You can open a savings account at any bank or credit union. There are online bank savings accounts, too.


Does it hurt my credit to close a savings account?

no. You will hurt your credit when you close an open line of credit.


Savings accounts at a credit union is called?

Share account


Is saving account a bank account?

If you have a savings account at a bank, then it is a bank account. If you have it in another kind of institution, such as a Credit Union or Savings and Loan, then it is not a bank account, although some people use the term "bank account" loosely and apply it to any savings account anywhere.


Can you be denied a savings account?

No. As long as you have money that can be deposited into the savings account, the bank cannot deny giving you a savings account. However, if you have a history of bad checks being issued, default on credit card payments etc the bank will not issue you any credit cards or check booklets.


What is the average rates for a savings account at park community federal credit union?

The average rates for a regular savings account at Park Community Federal Credit Union is 0.11%. This information can be found on Park Community Federal Credit Union's website.


Does it cost money to withdraw from a savings account?

depends on your bank/credit union


Does closing a savings account affect your credit report?

No. If you personally close your bank accounts, it will not be reported to any of the credit reporting agencies. However, if your bank closes your savings account due to negative activity on the account, such as overdrafts, NSFs, etc.. they will be reported to CRAs.


Can a credit card povider take your savings account?

They can - if a court orders that any savings you have is to be used to pay off your debts !