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If you had $100 and wanted to put it into a savings account, which institution and type of account would you choose? Choose two local
If you had $100 and wanted to put it into a savings account, which institution and type of account would you choose? Choose two local banks or credit unions and write their names in the chart below. Then research specifics about each type of savings account at the two institutions, such as whether there are fees or minimum balance requirements. Record notes on your findings in the chart. Based on your research, which bank or credit union would you choose?
Bank of Credit Card Union #1: | Band of Credit Card Union #2: | |
Certificates of Deposit (CDs) | ||
Savings Accounts | ||
Money Market Accounts | ||
Retirement Accounts | ||
529 Saving Accounts | ||
Mutual Funds | ||
Stocks | ||
Bonds |
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