Article
The Balance

The Balance: What Is a Share Draft?

For Students 9th - 10th
This article explains the differences between credit union share draft accounts and commercial bank checking account, and explains the pros and cons of such accounts.
Article
The Balance

The Balance: What Is a Demand Deposit?

For Students 9th - 10th
Demand deposits are the kinds of bank accounts that most people are familiar with. This article explains what they are and how they differ from other types of accounts such as money market accounts or certificates of deposit.