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Regular Account Types
There are several types of regular accounts.
| Individual Account | An account established for the benefit of a single person. | |
| Joint Account | An account owned by more than one person. The people listed on the account each share equal ownership of the assets and may conduct business regarding the account. | |
| Trust Account | A trust account is established and managed by one party for the benefit of another party. Legal documents are required prior to establishing a trust account. | |
| Corporate Account | An account set up for a company or other organization rather for a person or group of people. |
Other types of accounts can be found by viewing Retirement Accounts or Education Accounts.