For example the median expected annual pay for a typical General Maintenance Worker I in the United States is $36,647, so 50% of the people who perform the job of General Maintenance Worker I in the United States are expected to make less than $36,647. Percentile. Location.
Credit unions refer to checking accounts as share draft accounts. While it might not affect how you use the account, share draft accounts are a form of ownership. This means you are a partial owner of the credit union, while checking account owners are customers of banks.
Answer: A demand deposit account is just a different term for a checking account. The difference between a demand deposit account (or checking account) and a negotiable order of withdrawal account is the amount of notice you need to give to the bank or credit union before making a withdrawal.