Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

CDs can be very good if you leave the money until maturity. Regular savings and checking accounts allow savers to withdraw money as needed.

CDs can be very good if you leave the money until maturity. Regular savings and checking accounts allow savers to withdraw money as needed. At a credit union, these savings plans are called share accounts. Regular savings accounts are insured by the FDIC up to 250,000 just recently. Does it make these accounts safer and If these accounts are safe what is the drawback?

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question