Essential Banking Terms You Need To Know
Basic understanding of banking terminology is important to manage your finances better.
Annual Percentage Rate It is expressed as a percentage that represents the actual annual interest rate charged for borrowing a loan.
Savings Account
It is an interest bearing account that holds money of the depositor.
C
Checking Account An account in which a customer can deposit C money and use it to write checks or conduct transactions for daily needs.
Overdraft Fee This fee is incurred when a bank account does not have enough balance to cover a payment that is requested.
Fort Hood National Bank www.fhnb.com TJ Mills Building 109, TJ Mills Boulevard, Fort Hood, TX 76544 Clear Creek Road Building 50005 Clear Creek Road, Fort Hood, TX 76544 Main Exchange Building 4250 Clear Creek Road, Fort Hood, Texas 76544
Warrior Way Building 85006, Fort Hood, TX 76544 FHNB Cove 210 Constitution Dr., Ste. A, Copperas Cove, TX 76522 West Fort Hood Building 91079 Clarke Rd., Fort Hood, TX 76544
All loans and collateral subject to approval | Fort Hood National Bank | NMLS #403607 | Member FDIC | Equal Housing Lender
Image Source: Designed by Freepik