MONEY ORDERS

Definition: A check with guaranteed funds that acts as a substitute for a personal check. Checking customers use money orders as an inexpensive substitute to cashier's or official checks and non-checking customers use the money order as a substitute for a checking account.

Features:	Benefits:
Duplicate copy of check	Allows easier record keeping Time-saving in the event of researching payment of check
Guaranteed funds	Greater acceptability than a personal check
Less expensive than a cashier's check	Money saving
Amount bonded on check	Provides protection against fraud
Who is Eligible:	Opening Requirements:
Any bank customer is eligible to purchase	Account Holder Acceptable I.D.