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Anyone can have an account at Beneficial Savings Bank. They do however specialize in banking for small businesses and offer great rates for these type of accounts.

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13y ago

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How much is an account at beneficial savings bank?

To have an account at Beneficial Mutual Savings Bank you need to deposit at least$50. The interest is compounded daily. It has the best rates also. Good place to have an 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.


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.


How many digits are in an Indian bank savings account number?

A Savings Account with an Indian bank will have 9 digits.


Does U.S. Bank offer any high yield savings accounts?

U.S. Bank does not currently have any high interest savings account. The highest paying account the bank currently has is 0.85% in a money market savings account. The highest yield available at US Bank (for a savings account) is the Package Money Market Savings account with yields up to 0.85%. This account must be opened with a US Bank Silver, Gold or Platinum checking account.


Can you change a savings account to joint account?

You may be able to add someone to your savings account ..contact the bank where you have the savings account for details


What happens to the money that you deposit in a savings account at a bank?

When you deposit money in a savings account at a bank, the bank uses that money to make loans to other customers and earn interest. In return, the bank pays you interest on the money you have deposited in your savings account.


What is a children's bank account?

A children's bank account is usually a custodial savings account. This type of savings account allows parents to save money for their children's futures.


What services does the Chelsea Groton Savings Bank provide?

The Chelsea Groton Savings Bank is a mutual bank. They provide all the services that a regular bank provide, such as savings account, chequing account, mortgages and more.


Do savings account holders access to loans?

Yes. Banks usually offer loans to anyone who is eligible to get one. If you have a savings account with the bank and have been a good customer, the chances of you getting the loan are significantly higher. But, just because you don't have an account, the bank cannot reject your loan application.


You are intrigued with having a savings account online for convenience sake Does anyone know how does it work?

The Online Savings Account is designed such that you earn high interest but still have your money available at call. You can access it anytime using Phone and Internet Banking. Simply link your Online Savings Account to another bank account, whether with ME Bank or another Australian financial institution. The account must be in the same name as your Online Savings Account or, where the account is held jointly with another account holder, at least one account holder.


How does one hold a bank account?

To "Hold" a bank account is the same as having or owning a bank account. If one has a savings account, they hold that account.