Mortgage Information | Student Loans | Auto Loans
Mortgage and Loan Terms Glossary | Doc Loan Home
Free Loan Advice and Financial Information  
Browse by Letter

Loan and Mortgage Terms Glossary

Statement Savings:

A type of savings account in which the customer's record of account activity is contained in statements mailed to the customer each month (or at some other stated interval). The statement lists all account action -- deposits, withdrawals, interest postings and fees -- occurring within a specified period.

Contact | Advertising Information | Other Resources

Copyright 2002-2006