Automatic Transfer Service Account

An automatic transfer service account is a deposit account that allows the transfer of funds from a savings account to a checking account in order to cover a check written or to maintain a minimum balance.

Famous quotes containing the words automatic, transfer, service and/or account:

    The ruin of the human heart is self-interest, which the American merchant calls self-service. We have become a self- service populace, and all our specious comforts—the automatic elevator, the escalator, the cafeteria—are depriving us of volition and moral and physical energy.
    Edward Dahlberg (1900–1977)

    No sociologist ... should think himself too good, even in his old age, to make tens of thousands of quite trivial computations in his head and perhaps for months at a time. One cannot with impunity try to transfer this task entirely to mechanical assistants if one wishes to figure something, even though the final result is often small indeed.
    Max Weber (1864–1920)

    You had to face your ends when young
    ‘Twas wine or women, or some curse
    But never made a poorer song
    That you might have a heavier purse,
    Nor gave loud service to a cause
    That you might have a troop of friends.
    William Butler Yeats (1865–1939)

    We never can tell how our lives may work to the account of the general good, and we are not wise enough to know if we have fulfilled our mission or not.
    Ellen Henrietta Swallow Richards (1842–1911)