BANK ACCOUNTS
Savings Accounts - An account for your savings separate from your day-to-day spending. This account includes higher interest rates and limited transactions.
Checking Accounts - An account that allows for unlimited access to your money with generally lower interest rates.
Money Market Accounts - A blend between a checking and savings account, usually with a high initial deposit. If you want a higher interest rate, you will need to have an equally high minimum daily balance.
Certificate of Deposits (CD) - An agreement to keep your money locked up for a set period of time with a high-interest rate. Early withdrawal fees may apply.
Retirement Accounts - A tax-deductible or tax-deferred account for your retirement money.
Investment Accounts - An account used for buying and selling securities.