Chapter 4 - Lesson 1
Deposits in Banks

Although individual banks use different names for the various accounts they offer, most banks offer essentially the same types of accounts. Huntington Bank, with branches in eight states, is a typical mid-size bank. Visit the Huntington Bank web site to find out about the accounts the bank offers.

Suggested keywords: Huntington Bank
Web site: http://www.huntingtonbank.com

Your Name:

Today's Date:

Question 1:
How many different checking accounts does Huntington Bank offer? Savings accounts? (Hint: Click the ''Open an Account'' link from the home page; when you are prompted for a ZIP code, enter 45236.) Why do you think the bank offers so many different variations of each?

Question 2:
Which of the checking accounts in question 1 are interest-bearing accounts?

Question 3:
Why might someone choose to open a checking account that does not pay interest?