NGPF Banking Unit Review

To avoid frequent trips to the bank, many people use an ATM to withdraw cash,

or check their ____________________.

• account #

• balance

• routing #

• phone #

A(n) ________________ shows all the transactions in your account,

and is usually sent out once a month.

• Bank Statement

• Direct Deposit

• Balance

• ATM

Your savings account can grow by earning __________.

• Deposit

• ATM

• Interest

• Debit Card

A(n) ______________ is linked directly to your checking account,

and can be used to make daily purchases or at an ATM to withdraw $.

• Credit Card

• ATM Fee

• Direct Deposit

• Debit Card

Your job may offer you ______________,

which electronically transfers your paycheck directly into your checking account.

• Credit Card

• Direct Deposit

• FDIC Insurance

• Overdraft Fee

______________ protects your $ in the bank up to $250,000 per account, in case the bank fails.

• Maintenance Fee

• Overdraft Protection

• FDIC Insurance

• Checking Account

Some banks may charge a ________________ each month just to keep your checking or savings account open.

• Maintenance Fee

• Direct Deposit

• ATM

• Debit Card

You may be required to keep a _________ in your accounts to avoid being charged fees.

• Minimum Balance

• FDIC Insurance

• Savings Account

• Interest

Using _____________ on your cell phone allows you to deposit checks

without going to the bank or ATM.

• ATM

• Interest

• Mobile Depost

• Checking Account

To avoid a(n) _______________, make sure you have enough money in your account to cover all your purchases.

• FDIC Insurance

• Direct Deposit

• Overdraft Fee

• Debit Card