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A depository institution which offers checking and savings accounts is called a bank.

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Q: What is a depository institution with at least one type of checking and one type of saving account?
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Related questions

What are the principles of online checking?

The principles of online checking are borrowing and and saving at a bank institution. This is done at your bank branch with your account that you have there.


What is the Difference between saving bank rate and Deposit rate?

deposit rate interest rate paid by the depository institution on the cash on deposit where as saving bank rate is interest paid by the banking institution on saving account holder which is calculated on daily basis and credited to customer account quaterly or semi annually.


What is type of saving vehicle?

Checking account


What is free checking accounts?

My saving account


How do you research old checking and saving account numbers for Barnett Bank in Florida?

How do you research old checking and saving account numbers for Barnett Bank in Florida?Read more:How_do_you_research_old_checking_and_saving_account_numbers_for_Barnett_Bank_in_Florida


What makes a saving account a better investment than checking account?

A savings account earns interest.


Can one get a free and easy checking account at Beneficial Saving Bank?

Yes, you can get a free and easy checking account at Beneficial Saving Bank. Most banks will also offer free balance transfers and no minimum amount in the account.


What is my balance?

what is my recent deposit and balance on checking account elcantante i need my saving account balance


Do you need a cheque to withdraw cash from the bank?

depends if you have a checking account. but no, if it's only saving account.


How can a savings account help in money saving?

A savings account is a very good account to open up if an individual would like to start saving money. It allows extra saved money to be transferred from the checking account to the savings account.


Which has a higher interest rate checking or saving?

Generally a savings account pays more interest, but there are some checking accounts that offer rates that are very competitive to savings accounts.


When it comes to saving money what is a good rule of thumb?

Keep most of your savings in your checking account