Banking Services

If you open a checking account, you will be able to:

• deposit your paycheck into your account

• withdraw money from your account

• write checks

• all of the above

Which of the following would NOT be a place to go to open a savings account?

• credit union

• bank

• savings & loan company

• utility company

Having a savings account

• will help you to save money and keep it safe

• will help you get rich

• will cause you to lose money

• will make people like you

A deposit slip is used when you:

• cash a check

• put money in the bank

• withdrawal money from the bank

• write a check

To cash a check means to:

• deposit the check in the bank

• get money for the amount of your check

• add money to your bank account

• put money in your savings account

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

When withdrawing money from your savings account you need to

• + add

• - subtract

• × multiply

• ÷ divide

Tags

CCSS.7.NS.A.3

Online banking is a service offered by most banks to allow people to

• manage their checking account at home

• pay bills online

• save on postage stamps

• all of the above

When paying bills online it is important to print and keep receipts because

• the bank will want a copy of the receipt

• you will have proof that your bill was paid

• you must mail the receipt to the bill company

• the payment will not go through unless you print a receipt

Tags

CCSS.RI.11-12.3

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

When using online banking it is important to

• spend a lot of money to buy a new computer

• email your personal information to your friends

• never share personal information with others

• call the bank every time you use online banking to make sure they received the information

Tags

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.7.1

CCSS.RL.8.1

CCSS.RL.9-10.2