Banking

To take money out of the bank​

• Deposit
• Overdraw
• Withdraw
• Balance

To take more money out of your account than is available​

• Overdraw
• Deposit
• Withdraw
• Balance

Money which your bank account earns

• Balance
• Checking
• Savings
• Interest

Unchanging rate of interest​

• Variable Interest Rate
• Savings
• Fixed interest rate
• Interest

Rate of interest which changes regularly​

• Fixed Interest Rate
• Savings
• Interest
• Variable Interest Rate

Which is a difference between Banks and Credit Unions?

• Banks have Checking accounts and Credit Unions have Savings Accounts
• Banks are for profit.  Credit Unions are Non-profit.
• Banks can give loans and Credit Unions cannot
• Credit Unions allow everyone to join and Banks are selective

Which is not a factor you would consider when looking for a Bank or Credit union?

• Location
• Looks
• Free Checking
• Services

What are the two types of accounts available at banks and credit unions?

• Checking and Savings
• Checking and Loans
• Savings and Loans
• Debit and Credit

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

To put money in the bank​

• Deposit
• Withdraw
• Overdraw
• Balance

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

Required amount of money in account

• Maximum Balances
• Minimum Balance
• Minimum Deposit
• Maximum Deposit

Tags

CCSS.7.NS.A.3