E.B. Checking
Characteristics
It is a convenient and safe way to store your money. There is no minimum balance required.
Advantages
- Useful for direct deposits
- Access to online and mobile banking, ATM's
- Use of debit cards and checks to make purchases or withdraw funds from an account.
- Insured by the Federal Deposit Insurance Corporation, or, FDIC.
Disadvantages
- Fees may apply