Checking

Automatic Teller Machine. Allows a person to manage a bank account holder's funds through actions such as withdrawing or depositing money, viewing account balances, etc.

• FDIC Insurance

• Check Cashing Store

• ATM

Protection provided by the Federal Deposit Insurance Corporation; protects the deposits of customers against loss up to $250,000 per account

• Check Cashing Store

• FDIC Insurance

• Bank Statement

A bank statement is a monthly document prepared by your financial institution which shows all of the transactions related to your account

• True

• False

The AMOUNT of money you have in your bank account

• Balance

• ATM

• Deposit

When you DEPOSIT money INTO your bank account you:

• Take money out of your account

• Put money into your account

A fee charged to your account when it lacks the funds to cover a withdrawal, but the bank allows the transaction to go through anyway

• ATM Withdrawal Fee

• Overdraft Fee

• Maintenance Fee

When you WITHDRAW money out of your account you:

• Take money out of your account

• Put money into your account

An automatic electronic deposit of net pay to an employee's designated bank account

• Check

• Deposit Slip

• Direct Deposit

A card that is directly connected to your checking account; it enables you to conduct ATM transactions and to make purchases instead of using cash or writing a check

• Debit Card

• Credit Card

A card that allows the holder to make purchases without cash by BORROWING money

• Debit Card

• Credit Card