| You
have many choices concerning how you manage your money. We
want to help you understand your choices if you decide to
put money in an account at a depository institution such as
a bank, savings and loan association, savings bank, or credit
union.
There
are many reasons for opening a bank account. Having your money
in an account is safer than holding cash. A bank account may
be a less expensive way to manage your finances than alternatives
such as buying money orders to pay your bills or paying a
business to cash your paycheck. A bank account may help you
save money, since it is often easier not to touch your savings
if you keep them in a bank or other institution. Finally,
having a bank account may make it easier to keep track of
your money and how you spend it.
Choosing
a bank account to open is like choosing other products. Many
different products are available -- some plain, some fancy,
some less and some more expensive than others. Because costs
and features of bank accounts vary greatly, it is important
to shop around to make sure the account you choose is the
best one for you.
The information
in this section will provide you with more details, and help
you make informed decisions.
 
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