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.
Fort Valley
Fort Valley is a city in and the county seat of Peach County, Georgia, United States.[5] As of the 2010 census, the city had a population of 9,815.[6]
The city is in the Macon metropolitan area.
The town’s name is a mystery, as it has never had a fort. Historians believe that the name was mistakenly changed in a transcription error when the post office was named; the area was originally thought to have been called Fox Valley.[1]
Founded in 1836, Fort Valley was incorporated as a town in 1854 and as a city in 1907. In 1924 Fort Valley was the designated seat of the newly formed Peach County.[7]
Fort Valley was the backdrop for a Life magazine feature story in the March 22, 1943 edition. The World War II-era story focused on the town’s sponsoring of the “Ham and Egg Show,” a contest held by African-American farmers to highlight ham and poultry production in Peach County, Georgia.[8]