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Sure. Anyone or any organization can have a Savings account. A savings account is one of the most basic types of accounts which is open for everyone. In this type of account, the account holder (Individual or business or corporation) stores up money for their future use and there is no restriction on who can open such an account.
What else can I help you with?
How does one get an Abbey Savings Account?
You can get an Abbey savings account through banks such as Santander. You can also compare the savings you would receive from using an Abbey savings account online at websites such as Monevator.
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.
What does savings account mean?
Generally a savings account pays interest, and a checking (current) account doesn't. Also, a savings account cannot be overdrawn, but with permission, it is possible to overdraw a checking (current) account. The previous person is correct, a savings account simply lets you save your money and make a little bit at the same time. With a savings account it is a little harder to spend it since they are not typically tied to a checkbook.
Are there more fees in a checking account compared to a savings account?
Most checking accounts have no fees. Savings account has more fees than checking accounts because of the higher interest yields available in a savings account.
What are the uses of a savings account?
a savings account is were you put money for future use if need be and for safe keeping
Which of the following devices imparts ownership in a corporation Stock Bond Savings account US Treasury Bill?
Stock imparts ownership in a corporation.
Money you deposit into a savings account could be insured by the federal deposit corporation up to what amount?
$250.00
Money you deposit into a savings account could be insured by federal deposit insurance corporation up to what amount?
$250.00
Money you deposit into savings account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
Money you deposit into a savings account could be insured by the federal deposit insurance corporation up to what amount?
$250.00
What is insured savings?
Deposits in a savings account in a federally recognized banking institution are insured by the F.D.I.C. (Federal Deposit Insurance Corporation). Piggy banks hidden in a closet do not count. :-)
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
Is there a monthly service charge to have an Eggs Savings account?
No, the Egg savings account called "Egg Savings Account (internet) Issue 2" does not have a monthly service charge. This type of savings account is accessible online.
What is a compound interest savings account?
Its where your savings account earns interest on the interest.
What does a CD savings account do for me?
A CD savings account might earn money for you. This type of savings account earns interest for the person who purchases the CD.
Why open an savings account?
A savings account is a good place to keep money safe for future needs.
What is a savings account at a credits union?
A savings account at a credit union is generally called a share account.
