General Banking Info

What Is An Interest Rate?

What is an interest rate? Interest rates are the rates at which you earn money with things like savings accounts, checking accounts, dividends, and etc. They are also the rates at which the amount of money that you owe on things like various types of loans and other debts increases. Most interest rates are what […]

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What Is A Savings Account?

What is a savings account? A savings account is a type of account that you can open in a financial institution like a bank or credit union. This type of bank account allows you to deposit money to be stored safely in a bank for you. Savings accounts also typically earn more interest than checking […]

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