Savings

Bank Savings Accounts

Saving accounts (UK: savings accounts) are accounts maintained by retail financial institutions that pay interestbut cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing acheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return. For the bank, money in a savings account may not be callable immediately and, in some jurisdictions, does not incur a reserve requirement. Cash in the bank’s vaults may thus be used, for example, to fund interest-payingloans.

The other major types of deposit account are the transactional account (usually known as a “checking” (US) or “current” (UK) account), money market account and time deposit.

Rohnert Park

Rohnert Park is a city in Sonoma County, California, United States, located approximately 50 miles (80 km) north of San Francisco. The population at the 2010 United States Census was 40,971. It is an early planned city and is the sister city ofHashimoto in Japan.[8] Sonoma State University, part of the California State University system, is located nearby.

According to the United States Census Bureau, Rohnert Park has a total area of 7.0 square miles (18 km2), 99.93% of it land and 0.07% of it water.

There is a small reservoir called Roberts Lake at the north end of the city and a number of creeks. Important creeks include theLaguna de Santa Rosa (which forms part of the border with the City of Cotati), Copeland CreekHinebaugh CreekCrane Creekand Five Creek.