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I have a checking/savings account at a savings association. Are the rules different for accounts at a savings association than they are for accounts at a bank?

  • Listed: August 10, 2022 10:52 am
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I have a checking/savings account at a savings association. Are the rules different for accounts at a savings association than they are for accounts at a bank?

Accounts at a savings association (sometimes called a thrift or a savings and loan) are generally governed by the same rules as accounts at a bank. Deposits held at savings associations are insured by the FDIC.

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