Banking/Checking/Saving

Front

A _____________ is a record of checks, deposits, and charges on an account, received by your financial institution.

Back

Bank Statement

Front

A ___________________ is an account used by depositors to accumulate money for future use.

Back

savings account

Front

A check with a ____________ endorsement may be used only for the specific purpose stated in the signature on the back of the check. Example: For Deposit Only John Doe

Back

restrictive

Front

Nonprofit financial cooperative owned and operated for the benefit of its members.

Back

credit union

Front

Personal check that the bank certifies is genuine and that there is enough money to cover the check.

Back

certified check

Front

Signature on the back of a check.

Back

endorsement

Front

Process of comparing the check register with the bank statement.

Back

bank reconciliation

Front

Select the choice which is ordered from least to most liquid: Checking, Savings, CD; Checking, CD, Money Market, Savings; Money Market, CD, Checking; CD, Savings, Checking

Back

CD, Savings, Checking

Front

Customer deposits in a federally insured bank are insured up to what amount?

Back

$250,000

Front

What banking service ensures a financial institution will honor a check even if it exceeds the account balance?

Back

overdraft protection