All > Business > Finance > Personal Finance

• A demand deposit share account subject to withdrawal of funds by check. Credit unions refer to a checking account as a share draft account.

  National Credit Union Administration - Cite This Source - This Definition
  ×

  Cite Definition for Checking Account (Share Draft Account)

  American Psychological Association (APA)

  Checking Account (Share Draft Account). (n.d.). Pocket Cents Glossary. Retrieved February 5, 2023, from website: http://www.expertglossary.com/definition/checking-account-share-draft-account.

  Chicago Manual of Style (CMS)

  Checking Account (Share Draft Account). www.mycreditunion.gov. Pocket Cents Glossary. National Credit Union Administration. http://www.expertglossary.com/definition/checking-account-share-draft-account (accessed: February 5, 2023).

  Modern Language Association (MLA)

  "Checking Account (Share Draft Account)." Pocket Cents Glossary. National Credit Union Administration. 5 February. 2023 http://www.expertglossary.com/definition/checking-account-share-draft-account.

• Browse Related Terms: Account Agreement, Checking Account (Share Draft Account), Credit card issuer, Credit Union, Credit Union Statement, Dividends, Drawee, Drawee Institution, Financial Performance Report (FPR), Furnisher, Index-linked Share Certificate (SC), Peer Average Ratio, Percentile Rankings, Personal Savings Account, Share Account, Share Certificate, Share Draft Account, Wire transfer