Another type of savings institution is the guaranty-fund bank which prevails in New Hampshire. It combines several of the essential features both of the mutual and of the stock banks. In common with the mutual type, the guaranty bank handles no commercial accounts and its funds are derived from savings deposits. The distinctive feature of the guaranty bank arises from the division of its deposits into general and special. The general deposits bear a definite rate of interest, and therein are unlike mutual savings-bank accounts, whose yield is a dividend dependent upon earnings. After interest has been granted on the general deposits in the guaranty bank, the remaining sum is paid on the special deposits. These serve as a guaranty fund for the general deposits in the event of nonpayment of interest or principal. In return for higher earnings, the special depositors assume a proportionately greater risk. In a way, general deposits of the guaranty bank resemble preferred stock of a corporation, and special deposits may be compared to common shares.