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Glossary

Federal Reserve

Central bank of the United States that sets monetary policy and provides services to financial institutions.

Financial Institution (FI)

A state or federally-chartered depository institution, such as a bank, savings and loan, or credit union.

Frequency

Used to define how often you want to make a credit card payment or transfer. Options include: Once now, Once scheduled, Weekly, Biweekly, Twice a month, Monthly, Quarterly, Semiannually, and Annually.

Funding Account Description

A description you assign to the funding account to identify it.