A Demand deposit B. Overdraft Account reconciliation Cash management These financial institutions, such as commercial banks, savings banks, and credit unions are authorized to accept deposits This form of check also often called a banker's check payable to a third party is drawn by the bank's own funds to exchange for the amount specified in the check, plus, in most cases, a service fee. This is the general name given to an account that allows the account holder to access the Funds through a variety of banking options such as ATM withdrawals, online banking, using debit card or through a teller. This is the term applied to the practice of routinely managing an individual's or family's cash and near-cash assets. This is the name applied to interest earned on the sum of the initial deposit and interest eamed in prior periods. This is the process of comparing the balances in the bank's records with those in the account holder's ledger to identify possible errors in recording checks or deposits. This refers to an insurance program that protects depositor funds against the failure of the insured depository institution This is a deposit held in a financial institution for a fixed period of time. Usually depositors can withdraw the money from the account after the committed time period. This is the condition that results when an account holder withdraws more money than is currently in the account. This is the phrase used to describe a savings account that pays interest only on the investor's deposited funds and not on previously earned interest. Deposit insurance Cashier's check Time deposit Simple interest Depository institution