Checking Accounts

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Other checkable deposits - "Other checkable deposits" includes interest-bearing accounts such as NOW accounts and ATS accounts, which impose restrictions on checking services. "Demand deposits" and "other checkable deposits" are the only deposits under "reserve requirements" in the United States.

Cash management - In United States banking, cash management, or treasury management is a marketing term for certain services offered primarily to larger business customers. It may be used to describe all bank accounts (such as checking accounts) provided to businesses of a certain size, but is more often used to describe specific services such as cash concentration, zero balance accounting, and automated clearing house facilities.

Non-bank subsidiary - Non-bank subsidiaries, are firms owned by bank holding companies which offer non-bank products and services, such as insurance and investment advice, and do not offer FDIC insured banking products, such as checking and savings accounts. Such companies customarily use the term "banc" to define themselves - denoting that while being associated with a bank or holding company, they do not offer bank services.

Rubbergate - Rubbergate was the name given to a scandal that broke in early 1992 when it was revealed that the United States House of Representatives allowed members to overdraft their House checking accounts, but were not being penalized by the House Bank. Also known as the House banking scandal.


Suggested Web Sites

Check Alert Systems, Inc. - Offers recovery of bounced checks, accounts receivable collection, check verification, check guarantee, check conversion, check imaging, electronic redeposit of checks, credit/debit card equipment.

Peoples National Bank - Bank online, apply for credit and financing online, home mortgage loans, business loans, merchant accounts, business checking accounts, saving accounts and smart investment accounts.

Fort Sill Federal Credit Union - Provides checking and savings accounts, loans, credit cards, check cards, and online account access at Fort Sill and Lawton branches.

Source: BazSites.com

Web Links

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