Use'em Every Day!
| Category | |
|---|---|
| Additional Images | |
| Text on Button | Use'em every day! Share Drafts |
| Image Description | Red button with black text and black image of an open checkbook. |
| Back Style | |
| The Shape | |
| The Size | |
| Additional Information | A share draft account is similar to a checking account at a for-profit bank, but operated by credit unions. Profit generated by a credit union is distributed among its members, representing a “share.” This represents the member’s portion of ownership in the credit union. At a for-profit bank, private investors collect the profits. |
| Sources |
Share Draft Accounts. (n.d.). Bankrate. Retrieved April 3, 2024 from https://www.bankrate.com/banking/checking/share-draft-account/ |
| Catalog ID | IB0856 |