Liquid account, providing FDIC insurance to $100, 000 per person, that generally offers low or no minimum balance requirements, fewer fees and a low rate of interest. The account may or may not have restrictions on number of transactions, and provides the consumer with a booklet that has each deposit and withdrawal stamped inside it at the time of each in-branch transaction.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). passbook savings account. Retrieved October 1, 2026, from http://smartdefine.org/passbook_savings_account/definitions/1160239 |
| Chicago | Barry Goldsmith. 2010. "passbook savings account" http://smartdefine.org/passbook_savings_account/definitions/1160239 (accessed October 1, 2026). |
| Harvard | Barry Goldsmith 2010, passbook savings account, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/passbook_savings_account/definitions/1160239>. |
| MLA | Barry Goldsmith. "passbook savings account" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/passbook_savings_account/definitions/1160239> |