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These partnerships do not influence our opinions or recommendations. The FinanceBuzz editorial team strives to provide accurate, in-depth information and reviews to help you, our reader, make financial decisions with confidence. The credit card offers that appear on this site are from companies from which FinanceBuzz receives compensation such as banks or CardRatings.com. Information, including rates and fees, is accurate as of the publishing date and has not been provided or endorsed by the advertiser.
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No deposit insuranceWhy choose OCHOHow OCHO comparesHow it worksState-by-state insightsTips to save on insuranceFAQsCustomer reviews A deposit in finance is typically when you transfer money to a bank account, like a checking account, for safekeeping. If you’re using a check to open an account, there may be a holding period as the new bank ensures the check will clear. Business banking—also called corporate or commercial banking—is designed to meet the needs of businesses. Before sharing sensitive information, make sure you’re on a federal government site.