Vermont Statutes Title 8. Banking and Insurance, § 10502. Definitions relating to basic banking

(1) “Basic checking account” means a deposit account on which the consumer is permitted to make payments or transfers by check, money order, or other negotiable instruments and which is maintained by such person for personal, family, or household purposes.

(2) “Basic savings account” means a savings account or statement savings which is maintained by such person for personal, family, or household purposes.

(3) “Consumer” means a natural person.