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Account History
A history of a customer's deposits, withdrawals, and payments over a specified period of time.
More Details
Account history refers to a record of all transactions and activity on a bank account over a specific period of time. This can include deposits, withdrawals, payments, and other types of transactions. Account history is often used to track spending and monitor account activity.
Example
You open your MCU account on September 15th and make an initial deposit of $500. On September 16th, you take $200 out of an ATM to purchase groceries. Then the following Friday, your work paycheck is automatically deposited into your account. All these transactions would be present for you to view by date and make up your account history.
Related Terms
Debit Card
A payment card linked to a checking or savings account that allows the cardholder to access and spend deposited funds.
Holdings
The assets, such as stocks or bonds, that an individual or institution owns.
Frozen Account
An account that is temporarily inaccessible, often due to suspected fraudulent activity or a court order.