By preventing bank runs
Federal Deposit Insurance Corperation a dept. of the federal reserve that insures bank deposits up to 250,000 in the event of a bank run,pre 2009 recesion it was only insured up to 100,000
Maybe, but you'd need to get a judgment first.
Yes.
You can still be overdrawn if you take out more than you put in
If you have direct depoist you can still pick up ur check with the check stub on it, or you can just log on to the employee website and print them out.
You have to set up your direct deposit through Prism or the 3270 screen. If you not sure how to use these systems then you should get with your supervisor or any supervisor and they can show you how to set it up. Once you submit you bank information, it can take up to 2 pay cycles to become active.
It depends on a variety of factors, but the main ones are a) when your employer (or whoever) sends the money, b) when your bank gets the money, c) when your bank processes the money, and d) when your bank posts the change in your balance. Many go in between the first hour or so of the day (1201am-0130am, for instance), but not all.
One of the main differences of and investors savings bank, and a Credit Union is ownership. The members of a Credit Union are the owners of the bank, with every depoist into their account buying shares in the bank. A savings bank is directed by an elected board of directors, and usually deal with real estate financing.