Which of the following is not considered to be a checkable deposit?

Checkable deposits refer to funds that can be withdrawn on demand, typically through checks or debit cards. Checking accounts are the most common examples, as they are designed for frequent transactions and provide easy access to funds.

Funds in checking accounts are indeed checkable deposits, as they can be easily accessed and used for payments. Money market accounts may also offer some check-writing capabilities, making them somewhat checkable, though they might have restrictions or limitations compared to standard checking accounts.

However, savings accounts generally do not allow for direct checks to be written against them, and the same applies to certificates of deposit (CDs). CDs are time deposits where the money is locked in for a specific period, and an early withdrawal often incurs penalties. Therefore, funds in certificates of deposits are not available for immediate withdrawal and cannot be considered checkable. This distinguishes them clearly from checking accounts and to some extent from money market accounts.

Thus, recognizing that checkable deposits must allow for immediate access and withdrawal without restrictions makes funds in certificates of deposit not a checkable deposit.