Elspeth

Earmarking.



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Earmarking is the process by which funds are set aside for a specific purpose. Earmarked funds cannot be used for any other purpose without the express permission of the earmarking authority. In the United States, earmarks are commonly used to direct federal funds to specific projects within a state or congressional district. What is the … Read more

Share-Draft Account.



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A share draft account is a type of checking account that is offered by a credit union. Share draft accounts typically have fewer fees than traditional checking accounts offered by banks, and they offer the same features and services such as online banking and bill pay. What are the three main types of checking accounts? … Read more