Banking

to put money $$ in the bank

• WITHDRAWAL

• DEPOSIT

• INVEST

• WRITE A CHECK

money the bank pays you for saving your money there

• INTEREST

• LOAN

• CREDIT

• SERVICE FEE

An extra charge assessed for a service.

• Savings Account

• Checking Account

• Service Charge

• PIN Number

To put money into your account

• Account Balance

• Deposit

• Penalty

• Account Balance

A written form used to pay for purchases from your checking account. It must include date, amount, and your signature.

• Check

• CD(Certificate of Deposit)

• Debit Card

• Penalty

To take money out of the account.

• Withdraw

• Deposit

• Personal Loan

• Account Balance

Money borrowed from a bank that you pay in fixed monthly payments or installments.

• Money Market Account

• Investment Banking

• Personal Loan

• CD

Occurs when money is withdrawn from a bank account and the available balance goes below zero. Transaction is completed, usually with a fee.

• Penalty

• Overdraft

• Insufficient Funds

• CD

monthly report that states your transactions and balance

• WALL STREET JOURNAL

• BANK STATEMENT

• SCHOOL STAEMENT

• CHECKING REPORT

a card you use to withdraw money at an ATM or to pay at a store

• CREDIT CARD

• CHECK

• DEBIT CARD/ATM CARD

• ID CARD