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Q: How do you find a old psfs savings account?
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Does your old PSFS common stock aka Meritor Savings Bank still have any value?

The FDIC (as receiver for Meritor Savings Bank) is distributing $4.27 per share (figure correct as of 3/19/2012) of common stock of PSFS (a.k.a. Meritor). Shareholders must send their stock certificates and claims (including substitute W-9 form) to an address of the FDIC in Texas. Use Google to find the FDIC letter to shareholders.


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18


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Does a 14 year old have to pay taxes on interest earned from savings account or CD's?

Yes


How old do you have to be before opening a savings account?

To have an individual account a person must be at least 18 years old. (In most banks/countries) If a minor, with the help of a guardian, you can make a bank account for yourself.


How old do you have to be to set up a savings account online?

To set up a savings account without a parent it is typically preferred that one be 18 or over to do so online. Many banks, however, prefer their cliants to set up an account in person.


Can a 17-year-old get an ATM card?

Yes. Anyone with a checking or savings account can get an ATM card.


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How much does the average 30 year old have in a savings account?

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