Savings 60 0 50 Money Market Account IF NEEDED Name of Institution 3 Ever Bank

Savings 60 0 50 money market account if needed name

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Savings .60% $0 $50 Money Market Account IF NEEDED: Name of Institution #3 - ______Ever Bank_ _______________ Services Offered Interest Rate Fees Minimum Balance Legal Protections Checking 2.0% $0 $5000 Savings 1.86% $0 $5000 Money Market Account Reflection Questions to Answer Answer each of the questions below. Include your rationale for all decisions. 1.Using the results of this bank exploration activity, state which service and institution you would use for a low-cost, interest-earning checking account from which to pay ongoing, current living expenses. Explain your rationale.
2.Using the results of this bank exploration activity, state which service and institution you would use for an interest-earning savings account in which you deposit funds for upcoming expenditures or to accumulate funds for future investments. Explain your rationale. 3.Using the results of this bank exploration activity, state which service and institution you would use for a money market account that pays a higher interest rate than checking and savings accounts and has limited check-writing privileges. Explain your rationale.

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